Combination valve problems

... Well I bled the system and what not but my light will not go off!....

does "what not" mean that you centered the pressure imbalance switch like you are supposed to? If not, the light will not go off. I have never done it, but there are threads that describe it. Basically, you crack one or both nuts, while a helper slightly pushes the pedal to keep air out, and the springs should center the switch, or maybe a bit more involved, so read up.

As I understand, when an adjustable proportioning valve is set properly, the fronts will lock up slightly before the rears (test in a wet parking lot). I assume the factory valve should work the same, but don't know.