It depends on what you want to do with it.
If you intend to drive regularly in modern traffic you must have very good brakes.
Previously I had a '41 1/2 ton with completely restored brakes.I narrowly missed several accidents because people would quickly pull in front of me in traffic and then hit their brakes. I almost rear ended a Corvette when one did this to me. If I hadn't had a clear lane to my right to get in to I would have blasted him,even though I had good clear distance before he pulled in front of me.
Old style brakes don't stop fast enough in modern traffic.
At least put discs on the front.That is what I did with my 1/2 ton and it stopped really well. I drove that truck every day for years.

Last edited by Shercoman; 11/13/2014 8:07 PM.