Update...
I got the brand new M/C yesterday and got my car buddy helper to come by to help out here.
I decided to get away from the silicone brake fluid & we flushed the system out by blowing a steady feed of dried compressed air through all lines.
After having tried to sift my way through all the do's & don'ts of flushing silicone fluid I decided to go with the low pressure air feed and then gravity bled the lines at a nice leisurely pace with fresh DOT3/4 Valvoline BF.
There's so much misinformation on this topic it is stupid.
I can't believe how many car guys hate silicone fluid while other love the stuff...
Rebuild the entire brake system. Replace seals, replace all flex hoses, rebuild calipers, replace the proportioning valves. Rebuild the M/C, stand on your head, pray to your local car god for success...
So we bench bled the new M/C after setting the booster push-rod length with 1/8" clearance.
Gravity bled the system again then gently peddle bled the system.
Once a good pedal was achieved we let the car sit for a 3+- hours then bled again.
We got trace amounts of silicone fluid on the gravity bleed the first time around & nothing after during the final re-bleed of the system.
Did a pressure applied leak test and had to really tighten the main M/C nuts quite a bit to seal them up
Road test proofed a much better firm pedal with some effort required to stop the car.
2 feet helped out.
Now that I have a good(non-spongy) brake pedal with the DOT3/4 fluid, I am now planning to find a dual diaphram booster to ease the effort required.
I think it is safe to say this one is in the done column & ready for cruising once I install the correct booster.
Does anyone have one they are willing to part with?
Let me know thanks.