I recently did the conversion to rear disc with the kit from Blackbirds
http://www.blackbirdscustomtrucks.com/index10.html
I went the full monty w/e-brake calipers and the hose kit. Kind of an interesting kit. The main plate notice it's one piece and not several... is like 1/4" thick = very beefy. The Rotors are from a GMC/Chevy 1-ton SRW, the calipers (e-brake units) are from a 76-78 Caddy (forget the model), the hoses are from an 80's (I think) front Dodge 1500 4X4. There are thin spacers to provide correct spacing for the caliper to rotor line-up. The only thing I found a bit goofy was the e-brake cable set-up as the kit contained tabs that "could somehow - I guess" be bolted to the rear for the cable ends to set in, but I welded mine on. Then the cable needed to be sized to length and I located some bolt on cable stops. It's kind of hard to explain and I don't have any pictures yet to share. I was concerned with the way the e-brakes held at first = not that good, but then the more the pads wear into the rotors the better the bite. I found that to get them to hold better I would hit the brake pedal a few times and then while holding down a bit, set the ebrake.
You can get the kit without the ebrake calipers, but then how to set up an internal to the rotor hat (which is machined to accept shoe type e-brakes) shoe system???? One thing to mention the spring for the e-brake return on the calipers wasn't really strong enough to fully return the cable upon release of e-brake so I picked up a compression spring for each calliper at the local sears hardware and installed them on the cables between the cable end brackets and caliper e-brake actuating arm to help things "return".
If I had it to do over again and had $1000-1500 I'd go for an 01. 5 - 02 w/disc brake set up. But I was alredy into purchase and installed a used D70 w/Power Lock rear out of a learly 2nd gen that I picked up for $300+/-, and had lots of fab work into with cutting off swaybar and shock mounts from mine and welding onto the other, so I was committed.
Alot of folks that have done the drum to disc rear conversions had tales of not enough fluid to handle the big piston on the calipers with the stock drum master cylinder, needing a bigger master cylinder reservior or drilling a hole between the front and back circuit divider inside the existing reservoir and/or disconnecting the rear load proportioning device and etc.

I guess I got lucky? Once I got everything installed, power bled the system and set up the e-brakes it worked fine?
Oh, I had a chipped tooth on my original D70 200k that I insalled a lock-rite-locker into around 150k and decided to just get another good rear. I looked far and wide locally and on the internet for an 01. 5 - 02 rear, w/disc and same ration and none could be had for under 1k then shipping and bla, bla. I got luck finding the D70 w/power lock locally. When I got it home and started to clean all the old oil out of the case I noticed the ring and pinion were replaced with (dated 08/03) DANA gears, new bearings, clutches etc and there was hardly any wear pattern. The truck it came out of must have had the rear rebuilt and then wrecked the truck? I really got lucky on that purchase - finally some luck came my way. So another reason why I was determined to commit to that rear. Yep I should be committed...