Google around and you’ll find a lot of stuff about brake bleeding on various car-guy sites. (There’s a good DIY pressure bleeder article floating around cyberspace that turns up often.)
Here’s my condensed version:
The simplest traditional method is to have two people. One pumps the brake pedal while the other turns the bleed nipples. Pros: cheap, requires only a wrench and a short length of tubing. Cons: requires two people (who must work well in sync with each other), can suck air into system, you need to keep topping off the reservoir manually.
A pressure bleeder forces fresh fluid into the reservoir as one person turns the bleed nipples. Pros: very fast and effective, only one person needed. Cons: requires equipment, commercial pressure bleeders are pricey, will make a BIG mess
very quickly if pressure bleeder and brake reservoir don’t seal perfectly.
Vacuum bleeders connect to the bleed nipples and suck the fluid from the system. Pros: one man operation, can’t overflow reservoir. Cons: can suck air into system, large commercial vacuum bleeders can be expensive, small commercial vacuum bleeders are inexpensive but tedious to use, you need to keep topping off the reservoir manually.
http://www.speedbleeder.com/]Speed Bleeders[/url] are bleed nipples with built in check valves that allow one person to do a traditional pedal pumped bleed. Pros: Cheap, some swear by them. Cons: others swear at them, can suck air into system, you need to keep topping off the reservoir manually.
Important Side Note: Many (most? all?) electronic anti-lock brake systems can’t be fully flushed manually. There are too many internal nooks, crannies, valves, orifices and pistons. Brake shops hook up an electronic gizmo that fires the electrical solenoid valves while bleeding to flush the whole system.
PC.