Yep, it's got spark. Tested by pulling a plug lead, sticking a bolt in the end and holding it near something. Nice fat spark.
As for fuel pressure - it has pressure exiting the filter, and also between the two fuel rails. Didn't have a pressure gauge, so used the old trick of undoing the hose and getting covered in a spray of fuel.
I'm glad I don't smoke...
Can definitely hear the fuel pump run for a second or two when the ignition is turned to on.