No and no. In some old thread on these forums people were debating whether the plunger really needs to be held in and it seemed most people said no. But I plan on making sure I have that pressed in the next time I bleed. And I also don't know if I have the replacement combo valve, I'd bet I don't.
Just a couple of things to check. My last battle with my PM brake system ended up being a bad (steel) combination valve.