Hey,
just wanted to make sure this is normal. I'm trying to see what is wrong with my e-brake and rear brakes.

I jacked the car up removed drums (which was a b*ch to remove). When I press the brake with engine on the wheel cylinders spit fluid non-stop as I hold the brake down. Then I hear a beep. I figure the wheel cylinders are blown and need replacement. But is that beep normal?

 

Can't tell you what that beep may be, but wheel cylinders should not spit anything, ever.

 

Sounds like youre wheel cylinders are bad.
The beep may be from the pedal getting too close to the floor I.E. brake warning beep. Just a guess