This may help.
Just reconditioned all 4 calipers, after getting replacements from a scrappy. The originals were beyond help, as corroded with seized bleed nipples. Don't be scared by the last bit - the car spent 10yrs in the Scottish Highlands, so was bombarded with salt, then intermittently left in a garage to rot...
My handbrake was out of adjustment/getting tired, whatever. The rear calipers I got as replacements were in far better condition, and after running through the Haynes instructions, doing the cable adjustment last, I now have a decent handbrake. This took a couple of attempts to get right, with both back wheels off the ground - you really can't get any handle on whats gooing on without doing this.
The roughness in the caliper adjustment mechanism was present in the old and replacement calipers, and does not seem to affect function. Inside the caliper, there is a circlip, which seems to bind slightly as the 4mm grub is turned - I think that may be the cause of the roughness.
I presume the 'auto adjust' mechanism advances the piston in the caliper as the pad wears.... this bit was held by the circlip, and was beyond the amount of time I had for fiddling.