correct..
the easier way is to sleeve the center rod (if its worn) and then weld the coupling up and redrill it or remanufacture it.
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Something that hasn't been mentioned yet (and it is important as you've stated you replaced the slave cylinder) is whether you've fitted a S2A or S3 slave cylinder - the mounting "wings" are in a different place!
I also note, you didn't mention that you replaced or overhauled the master cylinder. Assuming a similar age to the slave cylinder, standing around for a year will accelerate deterioration of the seals. Even if it's not visibly leaking, the valve seal in the far end goes soft and stops the cylinder developing full pressure, though this usually makes it impossible to bleed the system.
Hope this helps.
Dan.
69 2A 88" pet4 (still in disguise), 68 2B FC pet6 (still resting quietly), plus 16 other parts/project cars (1xS2, 7xS2As, 8xS3s).