I posted this problem yesterday afternoon. I thought I would repost it because it is essential for me to get my brick back on the road tonight.

Yesterday's post:

Hey Bricksters,

I just finished replacing the brakes on my 1983 242ti. Everything when very smoothly (well almost everything). After we finished bleeding the brakes (the brake pedal seemed normal) I lowered the car and put the wheels on. But as soon as I started the car up the brake failure light stayed on. The brake pedal seems OK (not perfect) and we can't find any leaks. I just replaced the lines a few years back and they are all in good condition. What would cause the brake failure light to turn on. Is there something we could have done wrong during the bleeding process? And how do I reset this light (Haynes doesn't offer much help in this area)? We also heard a small metallic sound from around the brake pedal / master cylinder area when we were bleeding the brakes? Could this sound be someting breaking (only heard it once). Any help would be greatly appreciated (this is my main means of transportation ... it looks like I'll be biking 40 kms to work tomorrow).

Thanks to the following who offered their knowledge yesterday,

Jessie
sfraser
Cliff Pope
Volvodad
Jim Holst

I think I will first try to rebleed the brakes in the proper sequence this time (according to Haynes). Hopefully this will turn off the brake failure light. If this doesn't work, I think we will change the master cylinder (I have several). I really would like to stay away from taking the switch out to reset the light unless I absolutely have to (any thoughts?).

Thanks,
Greg