I've read Peter's book, and it is a great read. Unfortunately, he only mentions the monoshock briefly, with no real details. He calls it a "pretender Challenge", because it was supposed to be a development vehicle for the coming Cosworth designed Norton Challenger. They had to use a Commando engine and transmission because the Cosworth engine wasn't avaiable in time. He's not to favorable about it, saying it was too flexible to steer well and ride hard. From his description, it sounds like the swingarm and upper shock mount were both attached to the engine/gearbox cradle.
He does have only good things to say about the monocoque 1973 John Player F750 bike, which had a very successful career. He really liked riding the bike, and won the 1973 Isle of Man F750 race on it. That certainly demonstrates that an isiolastic system can work very well as a race bike. On the other hand, he didn't have a lot of praise for the Commado Production Racer, even though he did very well on it. His complaint seems mostly to be that it wasn't really a proper race bike, just a modified production bike.
I recommend the book to any serious Norton fan.
Ken