I just swaped my slipping C6 out for an NP435 this summer. It isn't too hard but I suggest you have something else to drive the weekend you swap it.
First you need a good tranny, I'd suggest either the NP435 (4 speed 1ton) or the ZF (5sp, again, 1 ton) Both of these trannies are about as tuff as will ever need be. If you just use your bronco to drive around town and such, the M5oD will be fine for you as it's a 5 sp w/od.
Then, you need the pedal assy. from an 80's F-series or Bronco. Make sure you get hydro as it's much better. Then you need a master cylinder, ***** cyl, and hose. (clutch components)
Next, get the flywheel (apx $60 from advanced auto) new. The 11" ford clutch to match your tranny. Also be sure you get the entire matched clutch kit (clutch pad, bearing, throwout, and the other part I forget the name.)
You will need to worry about a new custom crossmember with either of my suggested trannys. As well as new d/s because of the difference in length over stock. This is also when you may want to look into a better T-case as well. I have the NP205 and it's rock solid.
You will also need a new starter. (I learned the hard way they are different.) Also, do yourself a favor and buy an adjustible clutch rod from Ford. It's like $8 and will save you a TON of work.
Then put your truck on a lift, pull out all old drive train, replace with new as needed. Make sure to torque down the new flywheel properly. A tranny jack makes a huge difference as well. (Read I put the damn thing in on my back in the dirt...grrr.)
Also, beer, soda, or pizza to bribe friends to help you is a MUST!...lol
That's all I remember for now. If you have any more questions, feel free to ask.
Phil