Well, i took your advice and countersunk the bolts. We now have a (blue) Rizla gap between the bolt and the shocker.
It looks the nuts, but the only down side is that, if i ever need to take the caliper off, i will need to:
Remove the headset
disconnect the front brake hose banjo and speedo cable
Completely Remove the forks
Remove that stupid dust ring that stops you getting the mudguard off
Remove the mudguard
remove the upper and lower stock bolts
Then take the caliper off!
Repeat, in reverse order.
3 hours and lots of advance swearing later and i could change the pads.
Its a bit of an oversight from BGM me thinks.........
I don't want to keep up with modern traffic. I want to hoon past it, preferably on one wheel!