I've tried to use the mityvac but to me it was more trouble than it was worth. My hand got tired quickly. Give it a try and let me know what you think. I may have missed something along the way.
Make sure you bench bleed the master cylinder as you mentioned above.
I know that washing and waxing my car with the present condtion of my paint is like polishing a turd.....but it's my turd and I want it polished!