did you adjust the caddy calipers. Mine had to be adjusted at the parking brake lever so that the pads would rest almost on the rotors. If there is too much space between the pad and rotor, you will use the throw of your brake pedal to move the pads, but they won't clamp down hard enough. The calipers take a lot of fluid volume to work. If you get plenty of brake fluid out of the line when you bleed them, then your adjustment may be off at the caliper. When I first converted my truck to discs, I didn't get much fluid at the rear. One side of my MC was bad and I didn't know it. I replaced the MC and then had a big squirt of fluid from each pump of the pedal.
If you get the adjustment on the calipers too tight, the pads will rub, too hard, all of the time. Your rotors will heat up and smoke after a couple miles of driving. The adjustment is very sensitive and a PITA. People claim that they will self adjust, but mine never did. Maybe my calipers had issues when they were built. I took my caddy calipers off and now I run the calipers from the front of a 3/4 ton 4x4. They are awesome. I don't have a parking brake now, but the caddy calipers didn't hold the truck with the brake set anyway. I need to put my caddy caliper up for sale-maybe someone else will have better luck with the adjustments.
By the way, I highly recommend Powerslot Rotors and Hawk HPS brake pads. I get 60k miles out of a set of pads on my c20 pickup when loaded with tools, boxes, and ladders. They also stop very quickly.