Quick update - after one professional repairer failed twice to fix it (and charged me money for failing), I found a local amateur who knew what do do. It took him about 20 minutes to discover how to adjust the focusing ring and the lens now works as it should. wlachan's advice was basically correct - in fact the process sounded easier than with a manual lens as access to the adjustment screws only involved undoing other screws, rather than rotating the front ring with the aid of rubber gloves or a rubber implement. Optical performance now seems about the same as my M1.7, not surprisingly, although sharpness wide open is affected by the slightest AF error. It doesn't always get it quite right.
Anyway I'm happy that the lens is now fully usable, instead of just taking up space in my dry cabinet. Happy ending.
Last edited by timo; 11-24-2010 at 04:23 PM.