I almost did the conversion to disc when I had issues with bad OEM bearings, and had to replace all the brakes, and bearing and hubs.. but the cost was getting up there (well over $1000, e-trailer had them), and when I realized I'd need a new Prodigy brake controller, to the newer version to do the electric over hydraulic for the disc brakes.. that was the final straw. I'm on a pair of 3500# axles, so there was a kit ready to go for that common set up.
I did a number of upgrades on the electric brakes, I think the big one was a complete re-wire, the OEM used wire way too small in size, and that limits the brake performance significantly, the OEM wires also wore through insulation and grounded the axle tubes, which I also found full of water! I had to dry them out using compressed air and heat and properly seal them..
With new brakes, new wires the brakes work noticeably better than new (and have self adjust, so no neat to manually adjust for wear.
Also, when the grounding began to happen, it was intermittent, and near impossible to isolate (and certainly invisible being inside the axle tubes), so on the re-wire I got water proof connector sets (similar to vehicle OEM type plugs), have a connector for each drum brake, so I can individually isolate for trouble shooting if needed, also I can isolate the wire in the axle tube, so future isolation of problems are possible on the road, worse case I pull the plugs for an axle, and retain at least one axle, way better than no brakes at all. As originally configured, all the brake magnets are hardwired together, one fails, you lose them all, and can't even check by meter to find which of the 4 (or more) are bad unless a wire is cut.. just not a good design at all.
Also, concur on going with kit.. pieces seem to add up to perhaps even more in cost, then there is labor.. just no reason to go that route.. but keeping good old parts as spares for a road repair kit is an option!