This is subjective to say the least but... Last month during some very rainy weather I had occasion to exercise the anti-lock brakes. They worked as expected. Pedal remained firm, I could feel the pulsations both in the pedal and the steering wheel. Truck stopped straight. And no I didn't hit anything..
Anyway since then I've noticed a that my brakes are not nearly as "spongy" as before. Sounds strange I know but next time it rains I'm tempted to go out and exercise the anti-locks again to see if things improve some more. Either way the brake pedal is more responsive/firm than before. Take it for what it's worth.
Shirt tail analysis: Brakes always felt, to me, like there was air in the system. Exercising the anti-locks somehow purged some (all?) of the air out.