if its just the valve, you can bleed again (correct way) and it will work right?
don't buy a new master, just take it apart and freshen it up. It's easy.
have you found the source of the problem? im new to this stuff but id really like to know if it is your master cyl. ive got a mk2 gtd and have exactly the same problem. with the engine on the pedals there for a few seconds, then slowly sinks to the floor. i replaced the master with one out of my old petrol mk2 and its still the same. not loosing fluid and have new callipers and rear wheel cylinders. im left with two choices either the spare master cyliner is leaking aswell although it was working fine on the other car (but has been stood for a year) or could the regulator is somthing to do with it :? my brakes have been the same for months now and i was just about to post a big help message when i saw this situation was identical.