I was convinced that the s/s disc brake conversion kit would be the way
to go. see...
http://www.championtrailers.com/tech...hnical_support

Yeah but....
I wanted to do it cheaply. A stainless disc brake conversion would
probably run me 700 bucks or so.

I don't have to tow it very far usually so I'm looking at replacing
the drum brake assy and wheel cylinders for about 150 bucks total
parts cost from Southwestwheel.com