I'm the idiot that has put several drum brakes on the front of several CB750s. A couple 4LS brakes off Suzuki GT750s and a few more with CL/CB450 2 shoe brakes.
If you have original CB disc brake with 40 year old lines, the drum off the CB/CL is actually quite comparable. They will stop the bike and even do quite well in a panic stop. If you were to race them, then as the others have stated, there is a problem with fading. I don't race and typically, the bikes I build are babied, so they work for that application. You can't compare them to a modern bike with modern brakes. Night and day. If you put new brake lines on your old discs and get a decent pad, you'll be surprised how much better they are. If you do decide to go with a drum, make sure that the linings have enough material on them to be surfaced/turned on a lathe - or, spring for new linings. (I used Vintage Brake) Take a look at their site. They have some tips and tricks. I always use new shoes that I "lay back" as recommended by Vintage Brake. That actually makes a difference that I could feel. I ride many miles, but I'm not what I'd call a good or experienced rider. It can be done. The brake on my almost daily rider is a 4LS with new linings and shoes and is great, but will never be comparable to a new disc.
I'm pretty sure the triple tree spacing on the CB/CL 450 is a tad narrower than the 750 so, all you'd need would be are spacers. I typically use one of the fork/brake mounts to mount the stay. Axles are the same diameter. Fork tubes are the same diameter as well. Pretty easy swap.