Lazarusman: here is my expirience with rear disc brakes for these vans.
I said earlier that your rear drums are good enough. To expand on that I will say the rear drum brakes on your van are plenty of brakes for the weight of the rear of that vehicle. When you add front disc brakes in combonation with the factory rear drum brakes; the proportioning valve ballance requirments are close to correct for the vans weight distribution.
I have installed disc brakes onto two ford 9" rear ends, one buick 10 bolt and 3 chevy 10 bolts of various years.
If you want to go to disc brakes on the rear, Here are some of the unkowns and mistakes.
The most commun mistake people make with rear disc conversions is putting too large a disc brake system on the back causing brake proportioning to be difficult if not imposible to manage. Many people put too big a rotor on the back axle which will hardly ever get used because the proprotioning valve has to be set for almost no brake action to the rear discs or they will always be locking up. You can see this at car shows where rear rotors of some cars have much surface rust on the friction surface of the rotors because they are not being used enough to keep them shiny steel.
Especialy on these vans that are quite light on the back axle, it is very difficult to find a rear disc system small enough to be of correct size and that can be easily addapted.
I am using a rear disc size commun to many lighter four wheel disc GM cars. I have the 10.5" dia by 1" thick rear rotors but that is allready too big for the back of my 90" 65 with a V8 and 700R4 trans and heavier 1979 10 bolt rear end. Currently my adjustable proportionign valve is cranked all the way to minnimise rear brake action. This 10.5" rear disc system found on many mid 80's camaros and firebirds is fairly easy to addapt to your current early 10 bolt but also requires you to have the axle flanges machined down to fit inside the rotors (just like GM did to put them onto the Camaro). There are some even larger rear brake systems with rotors that will fit right over the axle as it is, designed for heavier GM cars but I think that is way too much for these vans.
There is another big problem with putting rear discs onto thes 10 bolt rear ends. That is axle end play. Many other rear ends like the ford 9" and the buick 10 bolt and some dodge rear ends have the axle held in by a pressed on bearing that is bolted to the axle at the backing plate with a four bolt flange. These axles can move in and out by about .005" on hard cornering which is acceptable for disc brakes. The problem with the GM 10 bolt is the axle is held in with "C" clips to the spider side gear. Unless your 10 bolt rear end is in nearly new condition, it will have axle end play up to as much as .050" which is excesive for disc brake function. This is a problem because on cornering the axles move in or out and the rotors will force the caliper pistons to retrack more then should be and then the next brake application will feel low and need a pump to restor pedal hight.This is further agrivated if the rotors are not perfectly true and straight and especialy if the calipers are dragging on the brackets at all. This can be avoided by having a "tight" rebuilt of the rear end. This standard usually requires replacment of all bearings, spider gears, gear Pin and sometimes new axles. Or you can get a kit that converts the 10 bolt from a "C" clip type to a flange mount axle bearing. A tight posi rear end is less seceptable to this problem because the side gears are spring loaded keeping the end play to a minimum.
In a nut shell, these 10 bolt rear ends where not designed with the intension of disc brakes being installed.
I completely rebuilt my 10 bolt to the tightest standard I could get away with and my rear discs work prety good.
Another requierment to having a succesful rear disc installation is the parking brake. You will have to redesign and modify your park brake cable set up to work correctly on the rear calipers. These rear callipers depend on a properly operating park brake system "BEING USED ALL THE TIME" to keep the rear calipers properly adjusted. If not your brake pedal will get lower and lower over a few thousand miles of driving and you will have to manualy manipulate the the caliper park brake lever adjustment to restor the pedal hight.
When it comes to building up your rear discs system, You will get what you pay for. That law is as consistant as the law of gravity. It is recomended you buy two new American built calipers, they are expensive but will save alot of greif when it comes to bleading, adjustment and continued adjustment while in service. I know two people in a local car club ( one 67 Camaro and one 57 Chev) who bought that rear disc kit (made in China)from a big name aftermarket brake kit suplier ( the one where the bracket comes in three parts so it is a one kit fits many GM rear ends). After a few weeks of ripping their hair out of their head trying to get it to work right, they both went back to their original drum brakes. There is also several vanners from this club myself included who had alot of hastle getting their rear discs to work properly.
I spent more money converting to rear disc brakes then it cost for the front disc brakes. front disc conversion should come in at around $475 in parts, the rear conversion cost me about $800 in parts, park brake system included.
I am not trying to discourage anybody who wants rear discs from doing it. These are just the facts of the conversion on my van, and for what??? they are not better then the rear drums that came factory on the van. They need about the same amount of maintenance as the drum brakes.
Honestly: the only advantage to rear disc brakes on my van is I have the bragging rights at car shows to say "Yep she's got four wheel disc brakes".
If you want to go rear discs I will be happy to help you in whatever way I can.
m1D