My experience with a Wilwood master would lead me to the same conclusion. I had my proportioning valve wide open except for at time when I had an aggressive autocross pad on the rear. With a Hawk HP Plus or other less aggressive street pad, I always felt like I could use a little more rear brake.
With that being said, the car stopped very well with a manual 1" bore and I had 335mm R888's out back so they needed way more brake than the average car. The pedal effort was pretty firm.
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Todd
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