The 70-81 had a offset caliper rear disc setup 10-10.5" rear rotor (not sure YR they started them.
The 82-88 had the same super crappy offset caliper rear disc brakes as 2nd gens (pistons freeze up in the bore) 10 or 10.5" rotor
The 89-92 had a much better PBR designed aluminum caliper w/ park brake built in. 11.7" rotor solid cast rotor Best an lightest setup if wheels will allow it
The 93-97 had the same setup as the 89-92 3rdgens had. 11.7" rotor with a thin steel hat rotor cast on it. kinda weird also best an lightest if wheels will allow it
The 98-02 had a bigger thicker rear rotor with a built in park brake that looks like a little drum brake (like 70s vets) this setup is heavy and bulky (GM must have helped design it)
On the 3rdgen you could get disc on either the aussie 9bolt or the 7.5- 7.65 rear. the aussie rear has a lil diff flange bolt pattern than the standard GM flange. not a big deal to redrill the bracket. The sevice replacement dana 44 rear uses the same standard GM flange.
Free brakes aren't always worth the trouble. I say sell the free rear you have and look for better brakes. Unless your running 15" wheels. But I still wouldnt use those old iron calipers.