I would very much like to be able to put together basic 1940s dance styles, foxtrot, quickstep etc, using Piano, Ac guitar, Drums, Bass.
Welcome to the forums.
I believe that you can do that now. It may depend on what Pak level you have: Pro(starter), Mega, Ultra etc, as these have different numbers of style, tracks etc.
Typing 'Foxtrot' into the Style Picker filter showed a few styles that matched.
Also checkout entering 'Crooner' into the Style Picker filter. It will possibly give you a wider selection of styles that might be suitable.