Hy OldSkoolRedneck, I think you could do the brake system overhaul, but be aware that the components are large and heavy. Some special tools make the job go easier, but there are other methods. Hydraulic brake systems in the seventies were changing and sometimes it can be difficult to determine just exactly what you have and what you need to replace/repair. I would strongly suggest you replace all the hard(steel) lines and the flex(rubber) lines as well as all components that need replacing. Ask whatever questions you have and we will do our best to guide you through the process, good luck.