meme,
it is a 1977 cb750k and it is the stock swing arm. like i stated above, i had to fabricate an angle to attach to the top of the swing arm to secure the caliper support bar.
i will preface this response with the disclaimer that i do not have much experience with the cb550.
while i cannot say for sure that this set up will work on your cb550 i can say that most anything will work if you have enough patience and skill to make it so. i would assume that our axles are the same diameter but if yours is indeed different it would probably be a smaller diameter. if this is the case you could make up the difference between caliper bracket and axle with the correct size machined bushing. it may also be necessary to machine the correct size spacer but again, it is something i would have to look at first hand to say for sure.
as for your stock wheel, does it currently have a disc brake. i would venture to guess it does not or you would not be interested in this swap. therefore you more than likely have a drum brake style rear hub. again, i suppose this could be modified to work with a disc brake system but in my opinion your time and efforts could be better spent doing something else. ideally you would want to find a wheel that you could actually bolt a disc up to. you should be able to find a spoke rear wheel that has a disc type hub.
good luck and let me know if i can answer any other questions.
evan
ps. just a thought, if you want to stay with spoke wheels why not keep your stock setup? there is nothing wrong with a properly adjusted rear drum brake.