Hi Graham, and welcome to the world of penny-pinchers! The boys are quite correct, I'm the world's greatest supporter of LPG.
I'm currently on my 3rd Range Rover on gas over a fifteen year period, so can claim a bit of experience.
Your conversion cost seems about right, but mine have all been around £1200/1500,as I only use a simple basic single point system, as the huge torque of the V8 doesn't need the complication of multi-point. A lot of the cost also depends on the type of tank used.
You will probably find the bar-room experts who will tell you that performance is compromised, LPG will eventually outstrip petrol price, it will blow up in your face as you fill it, it's a huge fire risk, etc,etc.You will also find that none of these experts have ever used LPG!
I found that pay-back was about 10 months on all of mine.Fuel consumption will vary. Mine does around 12mpg towing on gas, and around............12mpg towing on petrol! Solo running is slightly better on petrol, and you will not find any difference in performance. Try it yourself: drive at a steady speed on gas, then switch to petrol. I'll be very surprised if you can tell the difference.
With regard to availability of gas, well, as you may know, I spend a lot of time towing in this country and in Europe, and can safely say that I can count on one hand the number of times I've had to run on petrol.
LPG currently averages around 72p per litre ( i know of one BP station at Ross-on-Wye charging 85p, but we just boycott him).
This all sounds too glowing, doesn't it, but these are my honest experiences over three cars and fifteen years, around 45,000 miles.
The major difference you will find will be in your wallet. Vive le difference!!!!!!!!!!!!!!!