I did on a Waggy 44. Only real difference is mine is 6 lug and your 5 on 5.5.
I would suggest you look for a mid 70's-80's f150 or bronco 4x4 front rotor or even a later CJ rotor. Basically you want a slide on rotor with a 5 on 5.5 pattern that is about 11-12" diameter. In my case I used 99 C1500 rear rotors because it was 6 lug and the rotor hat was large enough to fit over the axle shaft flange and had enough off set to get my caliper mount on the axle tube.
I got some longer wheel studs, same knurl and thread size, just longer thread.
To maintain the proper load on the axle shaft bearing, I cut the stock backing plate down and used it as a spacer between the axle housing flange and the retainer.
I used a 84 caddilac eldorado rear caliper, has built in park brake, but they are pricey, any G or F body front caliper will also work, just no park brake. Then I made a simple weld on braket to hold the rotor. I am sure if you search speedway motors or a vendor like that, they will have off the shelf caliper mounts. I used 80's Monte-carlo front brake hoses to go from the caliper to the axle then just ran hard lines as normal.