Oops, I mis-read your message...
Should you drive around with your hand on the e-brake? Probably
not. If you lose all your brake fluid all at once *and* you need
to hit the brakes hard, you're now in serious trouble. If you
have the dual circuit system and you lose the front brakes, you
will either hit what you're trying to avoid, spin, or not hit it.
If you have the single circuit system, you're probably just going
to hit it.
There is also the issue that if you have a single circuit system,
you're more likely to notice something wrong with your brakes before
it becomes critical.
I think the best solution is a warning light / buzzer attached to
the master cylinder and awareness that the e-brake is a good
alternative once the warning light turns on.
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