The NTM Museum Prague was closed I think (from memory) in Summer 2006 or 2007 and will now re-open according to their site in Autumn 2010. I visited it in October 2008 by a special permission. The L.W.F. was then standing on the ground and could be seen and inspected closely.
There is rumour that the condition of the machine was excellent, although the dust of years hanging from the ceiling had to be removed. No information is available that restoring has taken place, sothat it still has the original wooden monocoque and wing structure (cloth etc.). Probably no new painting of the machine, which surely would ruin the last original L.W.F.
We will see in Autumn 2010, when the L.W.F. will be exhibited hopefully.
The project of the restoration of the NTM Museum Prague has taken years more then the original planning

A pity. As the museum has such a rich collection seldom seen by the public (very much is in store and little exhibited) it is a pity that the museum is only restaurated and not enlarged. It will be a surprise which selection of the collection will be exhibited in Autumn 2010.
I like your pun about an early example of a fiberglass monocoque fuselage
Cheers
Kees