Man, I was just coming around the other side of this issue and believing that my brakes are fine. I drove to work today and am starting to get used to them. I really do believe that one problem is that my legs are so long I cannot push straight on the pedal, my leg is very bent and kind of at an angle (seats don't go far enough back for me!).
The bronco master cylinder was recommended in other posts on this site. It is a 1" diameter bore and is a direct fit in the original firewall opening, so the push rod angle is identical to OEM. Since the master cylinder bore diameter is the same as OEM I can't think of anything else about the master cylinder that would make it not work? A 1" diameter piston moving the same distance should move the same amount of fluid at the same pressure as the OEM. The only thing different is that it comes from two different ports instead of one, but since I don't have a proportioning valve there shouldn't have been any bias introduced.
My brake pads are on in the correct order (someone pointed out I had them on backward in some of my earlier brake posts when I was redoing the brake system)
It may have something to do with the pad material like Paul mentions, the older material may have made it easier for thsoe 100 lb little old ladies form Pasadena! Someone pointed out there is a comany that makes replacement pads out of a different softer material that is supposed to help these old cars stop like the used to...but the downside is the material gets used up faster.
I could also just be that I'm a little whimpy after driving modern cars for the last 17 years.
I've found one trick that helps is to put my heel on the pedal, not my toes, I can get some good pressure then without quite as extreme knee angle (hip to heel length is a little shorter than hip to toe).
I'll keep thinking and considering all of your thoughts. Thanks for all the ideas. Maybe I'll get a chance to drive someone else's car of this vintage so I can compare, or they could drive mine.
Nate - Madison, Wisconsin 56 Ford Customline Sedan