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I’d rebuild both calipers just so you have a good starting point. Not familiar with this bike but is the master cylinder correct for two calipers?
No, a leak is a leak, I was just asking about the MC because the wrong sized one for two calipers will have an impact on braking. I just went through a whole process of bleeding the brake on my LeMans and the leaks in two calipers were so minimal that the only way I found them was lifting the dust covers on the pistons. In your case I'd just buy two kits and be done with that likely problem.
There are not actually many places they can leak from. Start by removing the piston dust seals; if the piston seals are the culprit, the dust seal inners will be covered in brake fluid. If they're ok, it's a choice between, the banjo bolt copper washers, bleed nipple or caliper halves seal; any of these should be fairly obvious, especaily if you've removed the pads for better visual access.Did you really re use old copper washers?, if they weren't re heat treated they could well be where your problem lies.
It’s easy to displace the little o-ring between the caliper halves when assembling. I usually just buy a seal kit, and if the pistons are cruddy, get new ones. Sadly, it’s almost better to buy replacement calipers from MG Cycle (if they are F08’s). When you add up the cost of parts and the fact that the new ones have a shiny finish and come with new pistons, seals, pins and pads, it’s kind of a no brainer.
"Cal Stone project" - so four piston calipers then? A bit more difficult to find rebuild kits for.
Unless I'm looking at the wrong thing, I found it somewhat quickly on Ebay and maybe a few other suppliers - not available from MGC - just googled "rebuild kit p4 brembo". https://www.ebay.com/itm/152344615107From most distributors about $90 plus shipping and includes kit for 2 calipers for the $90. Does not include new pistons. New calipers from MG and other sources about $215 per caliper. If the time, energy, patience, capability is there you can save several hundred dollars doing this but it won't be nearly as easy nor nearly as nice as the new calipers. But again, we'll see. Haven't made my mind up yet. Tonight I'm going to go back over the leaking calipers I have now to see if I can possibly determine the source. I'm suspicious, maybe hopeful, the leaks might be at the washers/banjos only.
No one is/was asking for it but updating this thread to say the issue is resolved. The “leak” was likely the re-used copper washers at the banjo bolts/calipers. Having said this, I also went ahead and replaced the master cylinder with a 15mm (up from the 13mm I had installed. So the washers fixed the leak and the 15mm master fixed the spongy feel. All good and thanks for the advice.