Jim, did as you suggested and you have nailed it! Results are amazing.
Initially results were +/- 3. However I stabilised VDD on the VDC at 3 volts with an LM4040 and forced Pico into PWM mode while reading, now we get +/- 1 as per spec sheet.
Was able to remove all pauses and bring clock back up to 1000000. Time to take 20 readings around 7.5m/s when not printing result of each loop.
Hard to say which is better, 8 bit SPI or 16. Accuracy seems the same. 16 bit is a tiny bit faster.