Quote:
Originally Posted by vandor
Well, the moisture settles at the bottom... I would just open the bleeder at the bottom and let it drain until you get new fluid.



Water and brake fluid are 100% miscible. The water that is in the clutch and brake hydraulic circuits is distributed evenly throughout the system. When the old fluid is drained out all the water goes with it.
Unless the car is inverted, the brake and clutch reservoir is above the rest of the system, and opening the bleed screw on the clutch slave will allow gravity to purge the circuit.