Yes.
The nut on the bulkhead side of the pedal pivot either locks up the wheels if adjusted owards the engine, or if adjusted towards the bulkhead results in a brake being there by pumping the pedal, but then goes to the floor a moment or two later.
If I adjust the nut on the bulkhead side until the brakes lock and the loosen it off, I can hear the brakes releasing due to the pressure being released.
It's a new CV brake cylinder from Paddocks.