I'm not familiar with the 58, but on the AD trucks this is a bolt in swap, the front springs are same width for 1/2 and 3/4 ton, so axle bolts in the same.
I wouldn't downgrade a 3/4 ton though. Lots of 8 lug tubeless wheels are available. There are also a couple disc brake kits available for 3/4 and 1 tons the last couple years, if disc brakes were the main goal.
I wonder if the aftermarket 1/2 ton disc brakes are even as good as the3/4 ton drums? Brakes come in different sizes, so just being disc brakes doesn't make them more effective, depending on the compression.
Grigg