brake problems..(warning light)

It is a switched ground circuit. If the light goes off when you yank the wire, that would indicate that the light is being triggered by the switch. Could be a defective proportioning valve, but more likely it's working correctly to flag a pressure issue (master cylinder, bubble, etc) as also indicated by the occasional pedal creep.

well my dad drove my satellite today, and said that the pedal isn't "creeping" at all and that its fine.. so i'm on my way outside with a flashlight right now to disconnect that wire and see what happens.. i'd rather replace the master than the prop valve probably. but we'll see..