But what do I do about the fact that I have no e-brake/possibly rear brakes??
your e-brake is cable driven (which I am sure you know) so just because your e-brake doesnt work well, doesnt mean your rears aren't doing their job, a quick simple test is jacking up the rear, having someone free spin the wheel, and someone else hit the brake, if the tire stops, then the rears are working.
As far as your high lifing e-brake arm, I found, on my old contour, that when my rear pads were shot, the e-brake would require me to pull a long distance for the e-brake to engage, after I had replaced the rear pads, it was like a 3 inch pull for it to be engaged.
But if you let your pads get that bad, chances are your brake system hasn't been serviced in a long ass time... So it might be worth your time to bleed the rear system as well, I did this on my SVT and it made the brakes much more firm after I had done that.
also, for anybody who has to deal with the E0 or E1 brake pad night mare, you are way better off ordering them through batinc and selecting the proper pads yourself, I had the same issue as purplemystique, and it sucks... I bought pads from autozone based upon my year, got home sat down and pulled everything apart, wrong pads. Had to bug one of my friends to give me a ride back to autozone and buy brake pads, after all said and one, the anti squeal plate on the back of the brake pad for the drivers side fell down and cut into my rotor, another trip to autozone got me a free set of pads and 1 free rotor, I bought another one...
Same thing happened again.
now I have to replace my rotor(s) and pads again, because of garbage autozone parts.