Good idea on checking under the bonnet in complete darkness - it's a very simple way of diagnosing a problem which is relatively simple and cheap to fix. I have just one question - was the engine missing when you looked? If it's an intermitant problem it's conceivable that there's an arc developing only under certain conditions. If there was no miss it wasn't the right time to look!
The other aspect which you should take into account is that the arc could be happening where you can't see it - under a lead for example -and where it is only jumping a very short distance. I'm thinking here particularly where the HT lead runs across a rubber hose (radiator hose, heater hose, vacuum hose). Rubber hoses are a bit of a trap because we assume that, being rubber, they're good insulators. Not true. They contain lamp black (carbon black) to make them nice and black in colour. See
http://en.wikipedia.org/wiki/Lamp_black for more info. It's a conductor - not a good one but a conductor nonetheless and the hoses usually terminate on a metal spigot on the engine block (at electrical ground). So it's a good idea to separate the HT leads from these hoses. If it's difficult to move the HT lead you can tape a small section of clear PVC hose or even a bit of 15mm conduit under the lead to provide some separation as a diagnostic tool.
The HT leads with fatter insulation are better in this situation of course and keeping the leads and the spark plug insulators clean helps too.
What you've described sounds like an electrical miss to me. My philosophy in diagnosing these problem is start with the cheapest things.
Can I slip in a little humour here (it's relevant)?
PILOT SQUARKS
"Squawks" are problem lists that pilots generally leave for maintenance crews to fix before the next flight. Here are some squawks submitted by US Air Force pilots and the replies from the maintenance crews:
My favourite ...
(Problem) Number three engine missing
(Response) Number three engine found on starboard wing after brief search
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