Do you know which axles you have? If they're the same as the M900 series trucks the backing plates should bolt right on. If not, swapping axles might be the fastest although no necessarily the cheapest. Remember too that you'll have to get an E-7 treadle valve (brake pedal assy), relay valve and a couple of quick release valves for the rear axles and possibly a limiting quick release for the front.
Go to Bendix's site and download the "Air Brake Handbook", available in .pdf format and read up on the differences of air over hydraulic vs. full air brakes. Also check out the "Air Brake Components" handbook at the same site to get a description of the various components. I'm putting full air in my baby HEMTT project truck so I'm a few months further ahead on the same stuff you're contemplating.