I have been restoring my 64 for the last number of years and have dismantled every nut and bolt with the exception of the rearend drive train. After reading this post I decided to check whether my bleed nipples were on the top or bottom, and sure enough they are on the bottom. The last time my car was on the road was 1985, so they have been that way for a while. I was planning on restoring the rear brakes later this month, but am not sure I would have caught this without this post.
Thanks
Gil