My suggestion would be to locate and fix your problem first, then replace the fluid. It prioritises your problem(s) and saves the wasting good fluid as opposed to the old stuff as you muck about with it. ;)
tip , as you bleed the system don't push the pedal all the way to the floor as this this prevents the master cylinder piston rubber(s) from working in the 'crap' that collects in the end of the master cylinder. :D
As for the 'you beaut' bleeding hose, I'd give it a miss as it a/. isn't clear so you can't see any bubbles, b/. if the stop valve is at the end away from the bleed screw it can still suck air in the hose back and c/. it doesn't do anything about air leaking back from around the bleed screw thread.
Something like this is IMO a better idea as a/. you have full control at the bleed screw end b/. will work brilliantly on those difficult to bleed clutches. :D:D
SCA Brake Clutch Bleeder ONE MAN | eBay
Deano :)

