Hey Guys,
This seems to be a repeating issue and since I've done a disc swap, but yet to have it installed, I'm a little concerned. Here is the list of measures I have/will take

:
1. All new hoses
2. All new calipers, rotors, pads
3. New MC. The largest I could find 1999 C3500 Van (See MuddyBuddy's post)
4. Motive Power brake bleeder
When I had my Toyota's, I had a Motive bleeder and it was awesome. No air anywhere in the system because the power bleeder forces fluid only, under constant pressure, into the MC and through the lines, one at a time. Air cannot be bypassed. It is always forced out! You'll physically get to see the air pushed out in the catch bottles attached to the bleeder screws. It's awesome.
Bleeding with constant pressure is something that the old fashioned method cannot do. By constantly pumping the brake pedal via the old method, the return stroke of the MC piston "draws" any deficiency back, whether bad fluid or air. Pressure isn't constant. That means you have to work harder to get the bad stuff out! Why work harder when you can work smarter??? That's why bleeding with a power bleeder is fool proof. You'd be amazed at the results.
If you didn't want to purchase a unit, I'd go and see if one can be rented anywhere. Give it a try. The Motive Bleeder for the Chevy is #0250.
I bought mine through
www.trackhaus.com. The unit was $80.96 and the catch bottles, part MP-1810, was $14.95.
Total investment is less than $100.00 and you have it for life. Bleeding brakes every year is easy as 1-2-3! Trachaus is a very reputable company.
Click Here
Best of all, once properly hooked up and the process begun, it's literally
HANDS FREE! NO JOKE!
I'm not going to insult you to ask what pattern you used to bleed the brakes. Just a friendly reminder that using the correct pattern is essential to properly bled brakes. MC, DR, PR, PF, DF. With the power bleeder, you can do all this within 30 minutes by yourself.
Double check all connections. Check caliper pistons for blow by. Also, what grade brake fluid are you using? I've heard DOT 4 or 5 can create pressure issues in older vehicles. A power bleed also forces out every bit of bad junk in the old lines. Brake fluid does go bad, and can loose its effectiveness.
Again, I'm just trying to be a friend and help. If I were closer I'd come and help personally. Hope I didn't offend. Give it a try. Let us know how things work out.
Manny