both of you briing up an important consideration: the master cylinder (really the bore) should be appropriate for the caliper you are using.
A GL1000 master cylinder would have been designed to move enough fluid to drive the pistons in two calipers. I would imagine if you put it on a single caliper setup, you might have an "all or nothing" feel to the handle.
Simply getting fresh parts might do alot for you. The lines get spongy with age and you lose part of your power. The piston in the MC leaks a little past it and you lose a little... So maybe if you got a stainless line and rebuilt the MC and the caliper, you might get a good improvement for low bucks.
For not much you could put a 750F (75-6) disk on , which is wider but ought to bolt on, and a caliper with a bigger piston in it. There is so much used stuff floating around, this might be done cheaply. As long as you do not use a pitted piston, used is potentially good. Some of this is how "Honda" you wish to keep your bike.. A Brembo caliper might be awesome!