It's really more of a junction block than a proportioning valve.<br><br> It serves to connect all the lines together and has a brass piston with seals and springs on both ends and is tapered in the middle. When brake pressure is the same on both sides of the piston (front and rear brakes), the pin for the brake warning light switch is centered in the taper, and the light is out. When pressure is unequal (usually because of a leak in a wheel cylinder), the piston moves slightly in it's bore and pushes on the pin for the brake warning light switch, which lights the light (unless the bulb is out). If you need to disconnect the old lines, use a tubing wrench, plenty of penetrant, and maybe a little heat from a propane torch.<br><br>If you add front discs (or 4 wheel discs), install a Wilwood proportioning valve in to the line the the rear brakes so you can adjust the bias front to rear.<br><br>I had this setup in my '88 5.0 Mustang that I installed rear discs on and autocrossed, and it's VERY handy for setting up your brakes just the way you like 'em. I liked it so much I did the same thing on my '66 Porsche 912 project, and my current '70 eBronc project truck.