While the car was in the shop I also had them replace the master cylinder. The master cyl. was a repro style of the original that looks exactly like the original but doesn't have the two bleeder valves. I bought it from D & R Classic Automotive (www.drclassic.com).
The pedal is now VERY sensative. All I have to do is give it a quick push when it's all the way up and it will fall all the way to where the brakes are stopping the car pretty quickly (this is hard to explain). The pedal will then pretty much stay down and keep the brakes on; sometimes I even have to use my foot to pull it back up to continue rolling to a stop sign, for example.
When the car is off I can pump the pedal all the way up and it will hold the pressure. My old master had the classic failure mode where it wouldn't hold any pumped up pressure, so I think the new one is working fine.
When the pedal doesn't go all the way down and stick down it is very touchy. If I put the breaks on quickly it will throw me toward the windshield while I'm yelling, "what the hell."
Any opinions on what the deal is? Like I said...my mechanic has disappeared and hasn't resurfaced yet so I can't really bring it back to him right now.