You could replace the caliper with one from a F2 or early CBX/CB900. They are only a single piston caliper, give less trouble and are easier to bleed. They fit straight in.
I used one of a CBX on my K2/F1 special, because the standard one was U/S.
I went the other way and replaced the rear drum with a disc. Either way you need the matching swingarm or you have to weld on a bracket to the existing one, as the drum brake torque rod is underneath whereas the disc is on top.
The hard part would be modifying the pedal/ actuating rod.
Good Luck Clyde