Calipers up front will still stop the thing but it just puts ugly in your face, but I suppose most rat rodders are trying to build hand grenade ugly anyway. Why reengineer the wheel when it's an ideal axle for an early chassis, if you want the drag link on the back, just build a new steering arm on the back!
I haven't even seen mine for some time, it's under cover at the house so I'll freshen my memory today to better advise you. It's a tandem seat tank with a license plate that'll run 200+ with two idiots onboard.
Sid.