Originally Posted by Epstein

Well try the master. It's cheap and a lot easier than pulling the tranny to "find out". Plus, being an old AT car, is probably had some AutoZone/Advance/Napa BS master put in there, which my experience tells me will last 2 years tops. Having said that, I honestly have no idea how a dead master would give you a light pedal and still work the clutch properly without filling your left shoe with brake fluid. What dictates pedal force is the PP's clamping load, the pivot location, and the master/slave ratio. The latter 2 haven't changed. I think you might have broken the pressure plate's spring pivot, or maybe even thrown some bolts off of it(!!!). I hope it's not the bolts.

If you've got reputable people telling you its the master, I'd love to be wrong about this one!

Why don't these things have decent inspection holes???