bad new M/C out the box = BOOB (Bad Out of Box).
Anyway, I called CPP. Their initial response was that I did not bleed the MC properly. I left the master cylinder connected to the power booster and was told that is wrong because I do not get full stroke and end result could be air left in MC. I find this hard to believe since clamping hoses results in hard pedal. But, I will remove MC and bench bleed again. Then when that does not work, go from there.