Here's an update on my issue if I didn't post it:
The reason I was having so much trouble with the brakes was not the master cylinder, it was actually the brake booster. The output rod on the master cylinder end snapped off due to a stupid mistake when I changed my fuel filter: I did not fully secure the master cylinder to the brake booster when I removed the clip for the filter (check diagrams on those three parts if you're not sure what I mean). The brake booster's pressure eventually cocked the master cylinder to one side and hit the edge of the master cylinder, thus snapping it. Sorry for the long description, but the moral of the story is to be sure the two nuts holding the master cylinder to the booster are tight.
Anyhow, on your problem, I doubt the brake booster is messed up, from what I learned from mechanics and such, it's uncommon for the booster to have problems. The master cylinder was a pretty easy switch and wasn't all that expensive either. There's really not much to our brakes: booster pushes master cylinder valves which pushes fluid through the lines. Check
www.howstuffworks.com for a cool diagram. One thing to remember when changing the master cylinder is to have a flare nut wrench when unscrewing and re-tightening the brake lines. The sets are sold at auto parts places for about $20. Maybe you already knew this, but I didn't the first time I changed my brake lines. I also don't have ABS, so that reduces the complexity of the brake system.
Overall, I'd say go for the master cylinder if you have already tried bleeding the brakes. Bleeding them will be necessary on the master cylinder change anyway, and it's easy with a friend pushing the pedal. Please email me at
netsatwork@yahoo.com if you want more info or pictures. Thanks.