i know this may sound retarded, but check to make sure you didn't somehow get some air in the master cylinder. sometimes, you can bleed the brakes all you want, but the master cylinder air will be trapped there.
try "bench bleeding" while it's mounted and then bleed the lines at the rear. remember to bleed the futhest line first, then the second closest, etc.
i just finished rebuilding the wheel cylinders for my truck, and they work great now.
also, just a thought, if you rebuilt the wheel cylinders, did you hone them lightly? it makes a WORLD of difference.
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