The outboard rotor and an updated caliper are the majority of the differences. The bearing assemblies have tone rings inside for the ABS systems, and if you use those bearing housings on your '98, you need to be sure the holes for the ABS sensors are plugged. I'd suggest upgrading the rotors and calipers, and leaving the axle alone. You'll have to have the entire axle realigned, unless you know how to do that. The master cylinder should be compatible, I believe they have more than enough stroke and capacity. I'm not sure about the offset. I've done this on a truck I bought with a blown motor(a '97), but I can't remember if I changed the bearings to the later model housings or if I used the '97 hubs. I think I used the '97 hubs, and just used the calipers and rotor off an '01. Be sure you get the parts for the 4500lb(dana 60) axles. I need to do a '97 here in the next few months, if you get back to me, I'll let you know... .