Brake pedal feel can be awfully subjective, and depends on what you're used to in other vehicles. Is the brake pedal "mushy" to the point of bottoming out the master cylinder? Or might the SVT have more brake boost than you're accustomed to? Rubber brake hoses certainly result in some squishiness.
Have you bled the brakes? After correcting hydraulic leaks, this would be next on the list for addressing a "soft" pedal, and it would give you a good opportunity to inspect the pads/rotors in the process. Plus, with a good flush the fluid probably wouldn't look so old. Certainly worth a shot.
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Garrick
2006 Mazda6 Grand Sport wagon, silver, MTX
I'll never forget you: Silver E0, #3895 of 6535, built 10/2/97