I think I have tried about everything to fix my brakes and it's getting the better of me. Jaffa kindly offered to help me and came over to render assistance. After installing everything we started bleeding the system. After no more air came out there is still no pressure at the brake lever. And I literally mean: no pressure.

We did the following:
- I took apart every single part of the front brakes and cleaned them.
Put an overhaul kit in the master cylinder.
Put new seals in the calipers.
Used the supplied grease on all the seals.
The pistons were OK.
Added Goodridge 'speed bleeders' on the calipers.
Added HEL stainless steel brakelines.
Added a banjo bolt with bleed valve on the master cylinder.
Tightened everything up (to exact torque where possible).
Filled the master cylinder with DOT 4.
Started pumping until fluid appeared from the valves at the calipers.
Started bleeding the left caliper (furthest from the master cylinder).
Then the right one.
Then the bleed valve at the master cylinder.
All three were repreated till no more bubbles appeared

No fluid is leaking out from any connections
The master cylinder is pumping because I get the usual 'fountain' coming out of the cylinder if I leave the diaphragm and lid off.
After leaving the lever tied to handlebar overnight only a few little bubbles came out. Given that there is hardly any pressure to start with I'm assuming that leaving it overnight doesn't do a lot in the first place.
One thing I'm wondering: if air got sucked into the system somewhere, wouldn't I keep getting bubbles coming out when bleeding (and fluid leaking out)?
Any advice would be greatly appreciated because this thing has me (and Jaffa) stumped.

Cheers,
Mike