There's nothing wrong with a swing-spring conversion, but keep in mind that you can't simply cannibalize a tired square-tail Spitfire for everything. Yes, its fatter front sway bar (absolutely necessary) will be the same, but its swing-spring itself is NOT. (Besides, a used Spitfire swing-spring is likely already to be worn out.) You might be able to get by with the "heavy duty" rear spring that some of the US vendors sell (or possibly the CORRECT swing-spring for a late GT6 Mk3), but I can't vouch for that. And most new springs don't come with the "rocker box"; you might need to source that separately. The beauty (and expense) of the Canley Classics kit is that it includes EVERYTHING needed -- all brand-new and ready to bolt on.
Meanwhile, the beauty of a camber compensator is that it basically bolts right on without having to change any other parts, is proven over many, many years and has essentially the same net effect of greatly reducing the tuck-under of a rear wheel.
But I think, *IF* I were to do anything at all, I would still look into possibly some dearching of the existing spring and/or some lowering (via spacer block from CC) before doing anything else. Truth is, I've driven a number of Heralds over the years and have yet to find myself in any danger due to the supposedly horribly deficient swing-axle suspension. I don't deny that there can be problems, but one has to push the car to pretty high limits to experience such problems.