I just had my 85 converted at the beginning of this summer here in AZ. I took the truck to a great mechanic a friend of mine knows. The mechanic has an old Ford F150 that he converted for himself too. He said all the stories about having to replace this or that were just speculation when the new refrigerant systems first came out. But over the years they found most of that not necessary.
What he did for me was to put in new fittings (new refrigerant uses different sizes), and the O rings on those were replaced as they came with the new fittings. He vacumed out the system, then put in new with a partial load and vacumed that out again, this time for a couple of hours. He said getting out all the old oil was the most important thing. It has worked perfectly all summer. And it's hot here. I do notice that on days above 105, when the truck has been parked out in the sun so it is all heat soaked, the AC has a hard time keeping up. It is not as efficient as a system designed to use the new refrigerant. Also, it works best at road or highway speeds. At idle or just a bit more such as in heavy traffic or off road it can be cooler just to open the windows. But at $150 to have someone else do the conversion the cost is sure a lot less. And if where you live the heat is not as dramatic as it is here in Ft. Stinking Desert you might find it even more acceptable.