So I attached these cheap digital thermometers (which are very accurate, I've compared them against more expensive thermometers) one to the copper pipe immediately before it enters the group head and the other at the base of the boiler where the cooled water returns back into the boiler.
It all looks ok to me and behaves as I would think a functional thermosyphon should work with a temp difference of ~10C.
I took note this time of the rebound time and it's about 1-2mins and that's not re-bounding to a temp that you'd want to pull a shot at that's re-bounding to a temp that needs a cooling flush!
Also in the picture below notice how low the boiler pressure is.
It feels like the machine's thermosyphon has too much restriction causing the re-bound to be unnecessarily fast, stable temp too high and boiler pressure too low.
Tempted now to source a replacement restrictor, drill it out to 4mm and swap it to see what happens?
If it's worse just put back the old one.