Hi George - good question !
I always wondered when we'd be looking at upgrades on the 240Z/260Z Brakes. The standard ones are OK for the pottering-about-town brigade, but when you start to use the car as it should be used, the 30-year old design starts to be shown up by the modern Hatches.
If you define the Problem correctly, then you can begin to look at the possible solutions.
The standard solid discs simply produce too much heat when used hard and often. This manifests itself in boiling of the brake fluid ( which gives brake fade ), and/or glazing of the pad material, which then doesn't work properly thereafter.
So, the real solution is to change to vented discs, but when the Budget is tight, you could start with trying the excellent standard Nissan Pads or the US aftermarket ones that MJP supply for the front, which start to make things better.
Remember that more than 75% of any vehicle's braking is done by the front brakes; simple dynamics of the Vehicle's mass mean that most of the downward weight acts on the front end which does most of the stopping work.
The ideal thing to do, and especially necessary when doing any Track Day or Competition work, is to change to a Vented Disc/4-pot caliper set-up. This dissipates the heat build-up, and is the only really effective way of solving the problem, and results in braking equivalent to any modern 2wd car ( ABS stuff excepted ).
Any ideas about fitting just bigger ( 4-pot ) calipers are useless - it just makes the things even hotter, and will warp the discs very quickly, so forget the Toyota Hilux conversion.
The same goes for just fitting harder pads ( e.g. from the Capri 2.8 ); the discs will last about a week before being finished.
The solution :-
A few alternatives for the 4-pot Caliper/Vented disc Conversion :
1) Dave Jarman at DJ Road & Race has engineered a very neat Willwood alloy Caliper & Vented disc set, complete with brackets, flexihoses, pads, etc, ready for an easy fit in one afternoon.
I think around £550 or so, but well worth it, as it really does the trick with no further machining to do.
2) You can use the early ( pre-73) Range Rover 4-pot Calipers with a 5 mm alloy spacer + Peugeot 505GTI Vented discs machined with the Datsun PCD stud holes. This fits straight on to the Z hubs with a little drilling of the mounting holes. It then needs new flexihoses & a T-piece to connect to the original brake lines. You will spend about £300 on parts - assuming Recon calipers ( don't bother with s/hand), and you can also get excellent Competition Pads from Mintex to suit.
The only problem with this option is that the calipers are cast iron and heavier that the Willwood stuff, but is MSA Regulations legal.
Both the above will require 10mm wheel spacers to clear 14" wheels, but not with 15" sets.
With either of these, it is recommended that the Brake fluid be changed to Racing-spec stuff which has a higher boiling point, but is dearer and needs changing every year as it is absorbs moisture and goes 'off'.
With these setups fitted, you could blast up and down Alpine passes all day long without any brake fade.
The rear drums will work pretty well as standard as long as they are working correctly, and brake cylinders and linings are in good fettle, and the only way to justify the expense of conversion to the early 280ZX Disc kit is for Competition use, where you play with the front-rear balance.
The fitting of a 280ZX master cylinder will reduce the pressure required at the pedal end, but in itself does not improve the braking performance.
Sure there will be more variations on this theme ; let's hear them !