Wondering if anyone can help with info disc brake prop. valve.

What I learned in the mid 80s going to school for automotive mechanics is that disc brake systems need to hold a small amount of residual pressure in the lines to keep the fluid from bleeding back. If I remember right is because there's a lot more volume in a disc system than drum. That might be what it's for.
Its the other way around. The residual valve is in the drum brake circuit because the springs apply pressure on the wheel cylinders.
The 'metering valve', aka 'hold off valve' is to slightly delay the front brakes so they don't lock up on initial application when braking on slick surfaces.