Hi Mike, Peter,
Two issues here; switch on surge, and on-resistance. Any resistance in the primary circuit is not well tolerated, largely because the charge pulses in the filter caps of the power supply have very high current, around 50A for very short periods, and this load reflects into the primary, rapidly dropping voltage.
Second issue is switch on surge. Transformers operate on inductance which limits current only after a few half cycles have passed through the windings. The situation is exacerbated with capacitor banks after the secondary because they must be charged at switch on. In truth, the mains will withstand high current surges because there are many fractional HP electric motors in homes and these too require huge surges, particularly appliances like AC compressors. Your mains should easily be able to withstand 50A surges; most fuses, mechanical and metallic, are slow blow devices which can tolerate this for short periods.
The transformer type is very important. Trafos long on wire and short on iron, like toroids, have very low inductance and the switch on surge is heavy, typically around ten times the max current. EI, or rectangular, lam types, have much more iron and their inductance is higher, so they exhibit a much lower switch on surge. If you are concerned about deep switch on surges, the EI transformer is the way to go.
In closing, I would try everything possible to avoid use of a thermistor. Your mains is 240V I believe, so your capacity for surges should be very good. I would try the zero protection route for the moment, and see how it goes. You might be quite surprised how well the house wiring tolerates the situation!
Peter, what is the model and engine type of your Olds? They appear to be very reliable cars, with only a few issues, such as faulty alternators. I have a 1986 250cid Ford Falcon fitted with LP gas, and it just keeps going..... Up to 250K miles now, and utterly reliable.
Cheers,
Hugh