Cheers for the feedback guys, appreciated.
With the stone chips, surely it's not really any more exposed than the rad? I know it's a tad lower though. As gti_copey mentioned, I've seen it to the left of the grille too but I have some plastic cowling I'm reluctant to move, not sure how critical it is even though it's just for airflow.
Adjustable rod idea/recess

And the left of the grille

Horney - do you run your car without the spotlight in all of the time? Seems a really good place to put it as there is plenty of space, however as I have a 4 lamp grille it might restrict the flow too much. Has it lowered your temps a nice amount?