that is it in a nutshell. just bought one for my 261 that is going in a 46 1/2 ton. got it from pre68dave. have had good communication w/ him prior to purchase.
http://cgi.ebay.com/ebaymotors/1955...torsQ5fCarQ5fTruckQ5fPartsQ5fAccessoriesyou will need 2 gasket kits 1- 54 kit pump to adapter and 1-62 kit adapter to block.
was also cautioned to make sure when you drill block for adapter DONOT GO MORE THAN INSTRUCTED. will hit passages in block. was suggested to use a self centering bit, has small point at tip of bit, make sure you take the small point into account when measuring the drill depth