Hi,
I think I worked out where I was going wrong now. In order to get an "ON/OFF" masking I had to set the contrast value to 5, (maybe something less would have worked but 1, 2, 3 were insufficient). I've also noticed that when using extreme contrast in masking colours, not displacements, you can get some very strange effects. Its similar to the divide layering in photoshop. I'm thinking whats going on is that black and white are not necessarily the extremities of the range in 16bit "HDR" apps. Usually 100% black should 100% mask (or allow) something to show but not in this case.
below are the results of my experiments:
Richard