The real issue is cost - if your existing front diff is good, it is fairly cheap to swap drums for discs, especially if you go the used part route. I agree with a previous post that the best conversion is the F150 knuckle-out swap (vs chevy or 76/77 Bronco spindle out), as it gives you the most flexibility with steering and axle upgrades and there are millions of F150's out there in junkyards (= cheep parts).
Getting a used front diff (like a 76 EB D44) and swapping it outright is a crapshoot, even assuming that you get one with the correct gearing. You will still in almost every case need to buy new calipers/pads and brake lines, along with a longer tie rod kit as the '75 and older is really too short for the 76/77 knuckles. Realistically you're looking at $200 - $300 plus the used diff, and praying that all the bearings/seals/u joints/etc are all good. If the diff has been sitting for any length of time, the axle seals (on the inside of the diff, keeping gear oil in the housing) will be elongated and shot, requiring removal of the differential to replace them. If you need to replace bearings or rebuild the R&P, expect to get to $1000 in parts and labor (including the $200-300 above) quickly.
If your existing front diff is toast, then by all means a swap is an option, but the costs will add up - I just completed a swap to a high pinion D44 on my '75 where I did an even trade for my stock trac-loc housing for a shortened HP housing, axles (full length) and the correct R&P (I kept the F150 disc kit from my stock axle). I spent $800 on an Auburn Ected Max diff (I know a trac-loc is about 1/2 the cost), $150 on new axle and u joints, and $150 on bearing/seal kit. I did the install myself (I already have the $300+ in tools/setup bearings), spending 1.5 days for the R/R and rebuild/setup.
Compare that to the $300 + alignment when I did the F150 knuckle out swap....