Good thoughts Adi,
The effect on bonnet opening is shown below.

With no interference at the front (I can slide a bit of paper through the gap with nothing touching), the front of the splitter can be moved up or down as I used a couple of 'rose' joints on the upper struts.

But to get all this to work I had to change the pivot on the bonnet, as previously described. I copied Rob's design which was simple and effective.
Here is a little picture of the mechanism, nothing too complicated, and good practice for my dodgy welding skills. The square section is the bonnet hinge mechanism, the round tube with the rose joint screwed into the top (hidden by inlet pipe) is the splitter support.

Regarding the width, I am sure you are correct. I'd like to say that I CFD modelled it and retaining the lift from the edges of the tyre was calculated to give the right amount of balance between front and rear. Unfortunately (and as mentioned earlier) it was based on the selection of a 4ft sheet of ply! I didn't think about the effect of the wheel rotation at all. If maximum downforce was the target then I guess longer, wider and lower would all help, but I'm already concerned about its "max poweriness".
I didn't want to spend too much time on Mk1, as I wasn't 100% sure it wouldn't get wiped off on the first speed hump or have some other 'interesting' design problem. Replacing the actual sheet is very easy (sheet + jigsaw + drill + 1hour), although the asymmetry of the bonnet and vertical sections are messier (glue and hence waiting time, although bolt on CF might be a nice solution).
My next project will be a rear diffuser before I get back to the front again, although I have just realised that there is a "proper job" due in August, have you got any content?
Matt