That's a giant heap of dollars, especially since you don't have a core...and you'll still need the brakes and axle shafts. Easy $2K. Probably more.If and when I do an upgrade it would be the 9.5 14 bolt. Been eying these a bit...
I went to the Treasure Yard, and got a complete axle with brakes and shafts for a few hundred. Fresh shoes and springs, maybe cut the drums. Fresh grease seals for the axle shafts, leave the pinion seal unless there's an obvious leak. Fresh grease. ~$500.