So I proceed like this I guess:
Open the bleeder on the caliper, while its open, pull the brake lever to the bar.
While the lever is back, close the bleeder.
repeat, and repeat as needed, doing both calipers.
Check the RES often, and dont let it go empty.
Oh yeh, also, ONLY do this while the caliper is on the bike, WITH the brake pads IN place.
Basically do this until you are getting ONLY clean brake fluid. no air, or odd colored fluid.
Do I need to "fill" the master cylinder prior to do this?