Need some help with Brake issues

It's a good bit different, isn't it? That would have me wondering.

Also, I agree that it's likely somehow the two dash lights got reversed.

Lastly, if all else fails, gravity bleed the brakes. I've done that when nothing else will work and had good success. Actually, now its the only way I'll bleed one, unless it has ABS and "all that" hoorah on it.
I readjusted the rear brakes, since I read it could cause issues with bleeding and I think I had them incorrectly adjusted when I did the 8 1/4 swap a few months ago. I looked at some of your old responses in the past about getting the wheel to almost make 1 rotation, this is what I ended up with in the video below, feels a little tight but makes almost a full turn.