That power bleeder is nice, I've had good success with using a mityvac and just making sure the reservoir is kept topped up.
My system is a bit overkill I guess, I do each wheel w/mityvac until the fluid comes out clean, then pump the brakes (bleeders closed of course). I then repeat at each wheel a few times with the mityvac, followed by a few minutes of gravity bleeding. Always ensuring the reservoir is kept full. A little hose on the end of the bleeder keeps fluid from dribbling all over the brake assembly.
I typically flush out the fluid every couple of years/30K miles more or less, always a very good firm pedal.