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I have the factory LSPV zip-tied all the way open, I've been meaning to just take it out completely and re-do all the lines but haven't had the chance to take my 62 off the road for more than a day lately (It's my current DD). I figure there's some air in the system somewhere, the LSPV adds about 15 feet of brake line with many flares, fittings and bends. We'll see how it preforms with the lines re-routed, but I'll probably need some kind of PV. I just don't like how complicated the factory one is, and especially how it is affect by suspension travel and lift. I plan on lots of suspension travel in the future...
Most people with 80 series who delete their LSPVs run a Wilwood PV set to about 10% I think, which makes sense as you want about 70/30 front and rear, assuming that since the front of the truck is heavier with the engine and all that even if you have 50/50 or 60/40 proportioning it acts like 70/30, right?
By the way, I have an 80 series master cylinder with a 60 series booster just for reference.
And I plan on hydro-boost in the future.