Whatever the issue is here its definitely not the wrong or corrupted PS files.
I downloaded and unzipped the latest version of PS 1.6.0.14 and copied only my sites current settings.inc and only the img(besides admin) folder across to it.
I edited the domain names in phpmyadmin from what it was to "localhost" and got the site up and running perfectly on WAMP on my local machine.
I then initiated the upgrade script which migrated the original database from 1.6.0.9 to 1.6.0.14 and once done, deleted the install folder and browsed my store.
The same copy of my products availability was written next to the price. See below.......any ideas?