Hi mate, as bubbles and techie said a Gunsons eezi-bleed kit will make the process easier - very important to read the instructions about pressure and sealing though.
Apparently doing the old two man pump-the-pedal method can knacker the seals in the master cylinder.
Urban myth I really suspect... I did design and test these for a while and a lip seal is a lip seal is a lip seal. Careful standard bleeding will do it. No real need for a fancy kit or 2 people.. just a clear tube that fits over the bleed nipple and a glass jam jar with the tube held under the fluid level to stop air getting back in.
Yes it needs done.. and every 2 years is really too long but accountants will have their way. I always pull off a small cup full every time I change pads .. this is enough to remove the hardest working fluid and the fluid that is most contaminated (the rubber hoses let water into the brake fluid as they are too cheap to fix steel flexi with PTFE linings (i.e Goodrich hoses)).
But it is a safety issue so be safe and make sure you test you can stop.. i.e. pump brakes before you drive.. then 10 mins later do a slow test drive and make sure they stop and feel good.. if your pedal is sinking too far you have air in the system and should rebleed but really the only way to get the air in is to disconnect something or let the reservoir run dry (VERY IMPORTANT NOT TO LET THAT HAPPEN .. if at all possible)
But it is a basic hydraulic system .. not rocket science.