Guys
Just in case anyone else comes across the same issue:
I could not get my Vivid to release the vacuum no matter how I tweaked the rubber release button (part 3 - see above). The only way I could equalise the pressure in the housing (and remove the housing back) was by unscrewing a bulkhead cover.
With advice from Miso of Vivid and Kraken de Mabini: I unscrewed (eventually - long story) parts 2-6 and cleaned them all. Between parts 4 and 5 there is a very thin, plastic disc which helps press the activation button on the circuit on part 5. This disk is supposed to be held on the back of part 3 but mine seemed to have detached and was actually helping form an airtight seal on part 5 thus preventing the vacuum being released when moving part 3. (I hope you are with me so far!)
Miso advised that the disk needs to be centred on the back of part 3. This I did, reassembled everything and, as of 10 minutes ago, bingo - the system holds the vacuum; and by moving part 3 now releases the vacuum as it is supposed to with the usual satisfying "plop".
Miso suggested, if necessary, just making a cut towards the centre of the plastic disk slightly so that the disk will allow air to pass more easily when part 3 is pressed.
So..... phew. Big thanks, as always, to Miso and Kraken de Mabini (Elias). Two super helpful people.
If you come across this problem (Miso thought highly unlikely) and you can't figure out what I have explained above (and who could blame you), drop me a PM and I will try and explain in more detail.
I'm now going to lie down with a cold towel......