Hi,
it's quite easy to rebuild it if there's no structural damage. Moss sells a seal kit with all the necessary oil seals to reassemble the master. Before ordering the kit, check your master cylinder for marks to determine if it's the older or newer version (because there are two types. you can see both types in moss's site). After that, you can remove and disassemble the master cylinder to determine if it's good enough for rebuilding. If you find a small leak in the reservoir, you may be able to repair it but if you discover any relevant corrosion to the piston (inside) you should replace it. Apart from that, it's a simple task of replacing the oil seals. Go for it!
regards,
Rui Ruas
PS: If you don't have it already, you should buy the Haynes "Owners Workshop Manual" (ISBN: 0 85696 623 1). It explain almost everything in full detail :-)