Here it is (I had a good play with photo editing to improve the background):

Firstly, can anyone tell me why the leaves are folded up like this? It was like it when I bought it and nothing has changed in the last few weeks. It is root bound (roots coming out of bottom of pot). Any other ideas?
I am a bit uncertain of where to go with this. I would love to have it end up a Banyan style like Steven's:
Taken from this thread: viewtopic.php?f=104&t=6366&hilit=schefflera
This is what I am thinking to do at repotting time. I would move the very upright root on the left and encourage small branches and aerial roots on the right to grow (A) with the idea of (maybe) eventually tidying up the look by separating at B once the roots have grown down and hardened up.

What do you think?
Another option is to grow it literati style and play with the roots a little and get something interesting happening there:

Constructive advice welcome.