Nigel, sorry I've not got back to you sooner, been out all day.
The reason why the semi electronic pumps aren't good is the timing is partly electronically controlled,
when I fitted one to a 405td (pump was of a 406td) it ran but had bad diesel knock no matter how far I retarded the timing.
From what I remember the wire that goes underneath is for the cold start advance.
So in short this should not stop it from running/revving.
If you're getting black smoke out the back then fuel is getting through to the injectors, it may just be the timing that's out now.
Have you checked that all the pump/crank/cam timing is right (do all the locking pins go in).
While the VOD is down you could try
http://www.frenchcarforum.co.uk/ their pretty good on there and should be of some help.