Les,
That's actually what we did! My only "concern" with this is that I have had to use the absolute ip address, so if that particular ISP changes the address of their mail server we'll have to update manually. As a point of interest if anyone else tries this and wants a tip we utilised our "gateway of last resort" to achieve this. In our network all "last resort" requests are directed to a particular router, so rather than updating every single router with the static route we only updated the last resort router. A side effect of this was that we then had to permit that router access via the firewall as the origination address became our last resort router instead of the actual originating network. No doubt there is a perfectly logical explanation for this and if I get time to look in to it I'll update the post, but nothing springs immediately to mind and I'm too busy at the moment!
Thanks for taking the time to reply.