Quote: I can feel the longer stroke on the pedal but the brakes don't catch until near the bottom of the stroke.
I'd get (2) brass inverted flare male plugs from the "Edelman" parts bin at your parts house (they're cheap & you'll reuse em) and plug the M/C & if the mc is good and bled out with eng on the pedal will be rock hard and virtually no travel. There may be air downstream but that'd be a start and give you the satisfaction of some progress. I'd set the booster pushrod to 1/16" max or even a bit less. I'm assuming the rear drums are pretty tight. I'd say air or excessive p rod clearance. No opinion (yet) on why the fronts are not performing. I'd take care of the excessive pedal travel first.
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