^ A leaky wheel cylinder won't cause catastrophic failure on it's own you must have let the fluid level drop too far so the master cylinder was sucking air.
My Brother had this happen and found that the back of a lorry made for effective deceleration from 30+mph.
The brakes went from fine one second to pedal right to the floor : the car was slowing when all pressure disappeared . Surely a burst seal in any cylinder on a single circuit system , as on the Ponton , would result in an immediate loss of pressure throughout ?
The car had been recommissioned ( after being laid up for a number of years ) only a week or so before , and MOT'd at that point , with fluid having been changed , drums off and shoes inspected , all nice and dry , and everything bled at that point .
There was nothing left in the system afterwards , but several panic pumps at the pedal would probably have expelled anything there anyway . Fluid leaking out of the drum and running down the inside of the front tyre was a pretty good clue where to look for the leak .
On dismantling the offending cylinder , the rubber seal was cracked and split , the others were not much better . At the time MB told me new cylinders were not available , although 30 years on they now are
in the end , I got all six cylinders bored and sleeved back to original dimensions , as well as replacing flexible hoses ( then current W123 ones fitted straight on ) .
It was fun driving home from Edinburgh with only gears and a handbrake ( coupled with planning and anticipation ) to stop with
I didn't have a 30 ton lorry in front to stop me - only a Rolls-Royce
Thankfully I almost managed to stop with the handbrake and only gave him a gentle nudge , with no damage to either car .
Ever since that incident , I have been paranoid about brakes .