That's a bad thing to deal with. It's one of those "pay me now or pay me later" situations.
Best to replace every rubber component, including the hoses. The lines must be flushed thoroughly. Any trace of oil will come back to haunt you!
Unless the wheel cylinders and master cylinder have been replaced, real good chance they are rust pitted. Be a good time to just replace them. Not much price difference if you consider your time spent cleaning and honing.
Now would be a good time to convert it to DOT 5 silicone brake fluid. It will work well in any application, but it is especially good in vehicles that do a lot of sitting. It does not absorb moisture like glycol fluids do. But you have to remember it's in there, because it is not compatible with other fluids. I recently worked on a 20 year old Harley that had DOT 5 in the brake system, that fluid was crystal clear, everything looked like new!
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Today's Featured Article - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
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