My Mitsubishi van has sat for 10 years and I recently revived it. Brake fluid level still the same no leaks, and brakes work perfectly. But I will have them rebuilt just to be on the safe side.
Our R8 sat on blocks for 2 years once, while we were in Kenya, and the brakes were fine when we got home. Then another year or so after Alex bent it in about 1987, again brakes were fine.
For the Itchy Bitchy, I'd mostly be concerned about hoses. You are reviving one? Sounds like a good excuse for an Estafette project to me....