I've taken a little time off to start documenting my progress on my blog as I was feeling a bit down about trying to track down where I was going wrong with this but I've installed the SDK and had a look through the PIX help file.
PIX looks so unassuming when you run it but having looked at what it is capable of, I'm
stunned. The following image from the help file puts into pictures exactly what I needed to be able to do:

I just never thought there would be a free application provided by Microsoft that would bring clarity to my state of stumbling-around-in-the-dark state! Whoever made the decision that this app needed to be written clearly felt my pain at some point. Bravo.