A couple people have asked about parking brake adjustment. The procedure is very simple and I thought I would share it with you.
The parking brake is supposed to be "self adjusting," but I have never seen one that actually worked like it was supposed to, and it requires occasional "manual" adjusting.
Take the rear wheels off your car, and leave the parking brake disengaged for the procedure.
On your rear wheel hub, on the parking brake caliper you will see a big screw with a cotter pin going through the head. The parking brake pulls on this screw when it is activated in order to squeeze the caliper together. You will know what I mean when you see it.
Remove the cotter pin and tighten the screw to compress the parking brake caliper until the rear wheel binds, then ease off a little until it does not. Insert the cotter pin and repeat the procedure on the other side. When adjusted properly, the parking brake should hold your car without your having to pull the lever very far off the floor -- on the other hand, it should also not drag when the brake is disengaged.
Once you have the wheel off, the procedure takes about 2 minutes.
DOA Chapter 41