It looks to me like Partition 1 - which is unused - is being used to pad the disk to provide an offest of 1024kb for Part 2 (the reserved system partition).
I suspect the original HDD that I'm miorroring from might have been used under Vista so that might be why the padding has been added.
Do the more informed amongst you concur or am I hopelessly wrong?
Well, a fresh install of Win7 still gets you the 100Mb system reserved partition and the 1024k default offset without needing a tiny 990Kb partition. If you want, you can delete that small partition and resize the system partition over it and still maintain the 1024k offset for the remaining partitions.