As far the brakes, don't be afraid of them. I just learned about the front brake on my bike as I rebuilt the brake system.
Don't forget ebay is a great place to buy used parts too.
I eneded up re-using my caliper, piston, and mount, but replaced everything else. I purchased new bolts and misc. hardware from bike bandit, new brake pads, new bleeder, new hard line, and braided stainless lines from Dime City Cycles, a master cyclinder (used) and master cyclinder rebuild kit from Ebay.
The hardest thing was breaking loose the rusted bolts that run through the caliper. But after that, I cleaned and inspected everything, and get it back together. I had an issue with the master cylinder rebuild though; I assembled the parts according to the vague drawing in the Honda manual, and couldn't figure out why it wasn't working. After looking it up on the internetz, I found a step-by-step picture tutorial that illustrated the correct relation the parts should have. It works now!
Good luck with the title! I don't know how it works in NY, so I can't be of any help with that. Being from New Jersey, I certianly appreciate my situation now, living in Georgia. There is no title on a bike as old as mine (1972 cb500) in Georgia, so all I need is insurance and a bill of sale to register mine when I'm ready.