But, if your going to do that you might as well remove the master cylinder (you'll have the lines loose anyway), what's two more bolts? That's just my opinion, I can not stand having any air in the system, I like that pedal to be perfect. Just make sure you use a fender cover and have a bucket of water on hand in case you spill. When you bench bleed it, route the lines back into the resivour but make sure they are as far away from the fluid ports as possible. This will keep any air that is pushed out from going right back inside. When you stroke the piston use slow, steady strokes. Don't pump it or you'll foam the fluid and make it that much harder to remove that air. After you've slowly stroked it 15-20 times, lightly tap the side of the master with a small wrench to free any small bubbles that may have stuck to the inside. Wait fifteen minutes and repeat. When you put it back in the car, leave the lines attached untill you absolutly have to remove them, make sure the lid is on. Reattach the vehicle lines and snug them down. Have an assistant slowly stroke the pedal and then hold it down. Crack the lines loose and catch the fluid in a sutible container. Do this twice on each line.
This is the way I've always done it, but as I said, I cannot stand a mushy pedal.