Very good points Grigg, It seems like its just one (right side) Bill... BUT I had brake dust on both wheels, It could be the proportioning valve. When I got everything I was welding and grinding at the frame only to find the proportioning valve laying in the floor covered in dirt and metal shavings from all the grinding I thought I had cleaned it good enough but...
I'll check it at the bleeder screw to see if there's any fluid the next time I take it out...Very good point on the proportioning valve, I just hope it's not the master cylinder.
Todd