Hi Richard,
This is most definitely looking like a "my machine" problem now - it has gotten worse as it is not connecting to local IP as though it does not have access to the network. I had looked at the local network permissions and RDM is enabled there. I closed RDM and disabled it though, restarted my Mac (overkill), then re-enabled network for RDM, and still the same.
I tried 127.0.0.1, it didn't work, but as with how I started my reply, it is now not connecting to a (local) IP address. Toggling the local network access has now changed the message to Connection failed (0x00020006) , and this is trying to RDP to a local IP address.
I'm at a loss as to what is going on.