I took my '72 3.0CS for a spin today (a 6.5-mile roundtrip to get gas) and when I got within about half a mile from home on the return trip, I noticed the brakes fading. I got home, checked the fluid reservoir and it was full. Then I checked the rear wheels and both were very hot. So I'm thinking the brake fade could have been due to over-heated hydraulic fluid at the rear brakes.
The right rear caliper was replaced with a new one in the mid-90s, the left rear caliper and hose may be original. I've noticed that new calipers are hard to find now, so would it be wise to start by replacing the hoses and see if that improves the situation? Thanks in advance, folk
Sorry late chiming in (I'm a newbie) and kind lengthy, but here's my 2 cents on the topic
Installing a Piston in a Caliper Housing (with a new Seal) typically requires a bit of force & unlikely you'll manage by hand.
To clean the Housings during rebuild, use only Isoprop alcohol + blow dry with compressed air. Remove bleed screws while doing so to allow air to escape through ports (otherwise you'll just push dirt into orifices). Obviously, be careful not to scratch / damage the Seal Groove or the Seal Land (the short bore surface between back of Dust Boot groove and front of Seal Groove). Use mild steel wool / brass bristle brush if needed (unless calipers are aluminum!).
During reassembly, stay away from grease(s) - not knowing their exact composition, they may interact with Seal / cause swell (and you'd be right back where you started).
I would only use either brake fluid (DOT3/4) or UCON Y22/Y24 assembly lubricants (although suspect you won't find any commercially).
Anything hydrocarbon based (eg. mineral oils, etc.) should be avoided with EPDM / Silicone seals. Keep in mind that anything residual (chemicals, etc.) in the housing after Pistons are installed is free migrate all the way back to your Master Cylinder & can damage anything it's incompatible with along the way (eg. causing swollen hoses, etc.).
Just apply brake fluid freely to Housing bore surface, Seal Groove, Seal, and nose of Piston (eg. back radius/chamfer on bottom of Piston to easy assembly through seal).
To install the Pistons; use a harbor press / one piston at a time. Don't use a pry bar as you'll never get piston aligned with bore (and more likely to damage something).
Get a 1/2" steel plate supported on both end (similar to if it was a rotor), sit the face of piston flat on plate, apply pressure SLOWLY to back of Housing (pushing housing onto piston) aligning piston with bore as you go. Once the nose of piston is past the seal, it will glide right in. Very simple / straight forward - just remember slowly.
Installed in the Housing, the Seal is squeezed between Housing groove ID and Piston OD. You'll have noticed that a new Seal is square cut (rectangular section) but the Housing Seal Groove is not. At typical, Seal Groove has 2 chamfers (angled front/back walls); the front chamfer is called the "retraction" chamfer / the back one is the "knock-back" resistance chamfer - They serve completely different functions. Over time, the Seal tends to conform to the Seal Groove (since the rubber material "flows") and takes a set.
--> Purpose of the "retraction" chamfer (angled wall / front of seal groove) is to provided volume into with Seal deforms/deflects outwards during a brake apply. Hydraulic pressure supplied to Housing pushes Piston outwards, overcoming running clearance until linings contact the Rotor surface. When pressure is released, the Seal "mechanically" pulls the piston back into the bore (eg. Seal returns to it's original shape/position). If tested after rebuild, you'll probably see 0.020-0.030" piston retraction values (after 300psi apply). Within hours, this retraction value already drops (due to seal flow/set) so you can imagine that after 50 years of heat cycling & aging, and pressure applies; the retraction values on your vehicle are considerably lower.
So; decreased retraction + increased friction between shoe plates & abutments (due to rust/dirt build-up) + lining material compressibility + rotor thermal expansion, and so on eventually results in increased drag (lining on rotor)... Even more so when the Dust Boot is punctured (like it appears to be in your picture above). Puncture Dust Boot allows contaminant infiltration into Seal Land area (eg. in front of seal groove). Over time, leads to rust in housing, pitted piston, etc. but also decreases the Seal's ability to retract piston (--> drag / friction --> hot brakes...)
--> Purpose of the "knock-back" resistance chamfer (angled wall / back of seal groove) is to provide volume into which the Seal deforms/deflects inwards when the piston is pushed into the bore. Operates similarly to the retraction chamfer but in reverse; it pushes the piston back outwards after input force is released.
This is the force you're trying to overcome as you install your pistons. Design wise, achieving a high piston knock-back (KB) resistance force (while provide adequate retraction) is a critical design parameter. If KB resistance force is too low, Rotor deflection/Axle end-play (during S-turns for example) can push on the Linings and causes Piston to slip (inwards) past the seal into the Housing bore. In turn, a volume of brake fluid (equivalent to piston diameter x distance of KB) is returned into the Master Cylinder Reservoir. At the next brake application, the driver may find his/her pedal going all the way to the floor if MC displacement during apply stroke is not enough to overcome the standard running clearance + the amount of piston knockback. I've actually seen this happen.
Note that Caliper Housing bores should not be honed as increasing the clearance between piston/bore can cause issues (eg. pistons binding in bore at full worn lining / rotor condition)
Hope this helps