Is the pedal easy to push? Like power brake in a car easy to push is what I am asking. Mine doesn't pulse and neither does any other M35 I have driven. However, the spring that returns the pedal to full up on mine keeps coming off. When that happens, the pedal feels different when I lightly apply the brakes. Not exactly a pulsing, but close.
I would suggest you pick up a few wheels and spin the tires. You might have some out of round drums. They will be easily detected when you spin the tire and it stops or has a real hard spot to push through and then spins free for another 320 degrees back to that spot. A minor shoe adjustment might take care if that if you do it right though. Let us know what you find.