Haha! Yeah Randy, more fun stuff to learn about.
The hydro-boost setup is really nothing new, but it is in more recent years that it has become more popular as a swap into vehicles not originally so equipped.
More powerful than a small booster (probably about the same as a reallllly big booster though) in a smaller package. Once you get to 33" tires you're on the borderline for some, so by the time someone has 35's they can really benefit from hydro-boost braking.
So yes, definitely check it out. But no, you are not putting the fluid where the brake fluid goes. Same fluid in the master cylinder, but more power steering fluid because the p/s pump is what powers the hydro-boost.
Hence the name...
Oh, and as far as I'm concerned the factory booster on a '77 was probably the best of the small boosters for it's day. Lots of the new ones are good, but don't have quite as much assist as the old ones.
So if you're ever in need of a new one, I would personally have a local specialty shop rebuild your original.
But with bigger tires, it's all about hydro-assist!
Paul