I have been fighting similar symptoms after a complete upgrade to 320i front and rears, new Tii master and literally replacing everything (with new OEM) but the hard lines on my 76 Sahara. Almost.
Absolutely no leaks anywhere. After repeated power bleeding produced bubble free fluid I still have brakes that are 50% of what I consider to be safe after the first jab on the brakes.
I just had a friend help with the old school pump, hold, bleed, close and release method at which time he noticed bubbles rising in the reservoir (which I never noticed since I was at the four corners doing the bleeding). I told him to pump the brake pedal while I watched and there was a stream of air bubbles rising from the rear (closest to the booster) fill port from the reservoir with every push. Looked like a hookah!
It looks like the rubber plug/nylon nipple connection is tight enough that it doesn't leak against the 6" of head to the reservoir but is weak enough to allow air to be sucked in when the piston forces the fluid in the MC. When the pedal is released the bubbles rise up the hose. No doubt there is a little air entering the high pressure side of the brake system as a result all this air in the fill chamber.
Didn't mean to hi-jack the thread but it is one more thing for you to check and an example why doing it old school might be better.
Doug