There's quite a bit on the Internet about the current status of 50.007 and 50.049, so I won't bore you all here, just have a look at websites like the Fifty Fund, or the Fifty Alliance.
GBFr paid for the repaint and have trained some drivers to drive the locos, which appear to be based at the Severn Valley Railway.
During my talk on Lance King's travels in Ireland, I showed a pic of Phoenix on the CDRJC.
A scholar like you, David, will recall that when the CVR was in trouble, Henry Forbes was one of the "helpers", helping himself to the Atkinson Walker tractor for a hundred GUINEAS, re-engined she outlasted the CVR by a couple of decades.
Still, I suppose if we have pubs called Dick Turpin here, why not a pub in Ireland after a corporate asset stripper? (Only joking, you CDR men - he was a man with an eye to a bargain!).