I have now revised my old design into a simpler one. The chamber is no long a jacket' to the valve which allows the balanced piston to be shortened reducing dead space, the piston was also thickened to increase weight (Hopefully slower fire rate) and decrease dead space. The Barrel is also part of the piston and moves in blowback action. The valve is de-balanced but pushing back on the barrel via a piece soldered/welded on.
Due to the design if you held back the trigger the valve would stay open and dump all your air, so a screw is fitted to the trigger so that a sweet spot can be set, allowing for automatic fire by always stopping the valve from fully closing but a tiny amount.
I'm eager for your opinions!