Hubie,
what wattage 12volt headlamp bulb are you using? are you using the sealed beam unit mentioned??
A 60/55 watt bulb is too much for the poor dynamo and it will fail again given time (not long in my experience)
The symptoms you describe are fairly typical of a 6-12 conversion using an undersize battery
the bigger battery will hold the voltage up longer when the dynamo is not balancing the load!
If the voltage dropps too much the reg may see this as a fault and shut itself down (not privvy to the internals of the vreg)
Get a decent sized battery 8AH upwards, you can fit up to a 14AH battery by flattening down the tabs on the bottom of the battery case!
You can get 40watt H4 bulbs and a H4 reflector fairly easily or a 12 volt prefocus bulb 35/35w to fit the old reflector unit, or even a halogen bulb to fit the prefocus unit.
Lastly
A toothed belt drive setup that increases the dynamo speed 10% is available from SRM, not cheap but a very nice piece of kit!!
I am not a fan of the vee belt kits as the belt needs to be fairly tight and any oil escaping from the inner case will also make it slip
Regards
John O R