OK, the filter didn't work but I've invented something else which does !!
By the way, the filter stopped the tach from working at all.
Thinking that the problem might be caused by the fact that the HEI has in effect a variable dwell, and the stock system has a fixed dwell, I wondered if the problem could be cured by losing half of the HEI signal.
So, I decided to try half wave rectifying the signal with a diode.
Since all I could find was a tiny little diode off an old circuit board I put a 1k ohm resistor in series with it as a bit of protection for the poor little fella.
I have no idea if my theoretical reason for doing this was sound, but who cares - it works - the tach is now rock steady and appears to be reading correctly.
Let the good times roll.