To work on A/C you are going to need a couple of special tools. 1st is a set of A/C gauges. 2nd second is a vacumm pump. Without these you will have trouble getting strated. You can look for a buddy with these or come to Memphis and we can work a deal. Plus if there is any R-12 in still in your system you will need to safely recover it. Or as you are thinking, bolt on a conversion and take it some where to get it charged. The only real risk is that the evaporator unit inside the car or the condenser in front of the radaiator leak. That risk would be somewhat high not having any history. You might take it to a shop today where they could pull a vacumm on the system and check for leaks before you started the conversion.
I am not sure about this just change Freon and go with everthing being cool. I have my doubts. If it works I would guess you will get something less than 100% effectivness. Even if you do that you will still need to pull a vacumm on the system before you add the R134a.
After all that. What is the risk of the JonM suggestion of the Interdynamic One Stop Retrofitting . Almost none. Plus you will find the leaks or bad parts with almost no cost. Pull a vacumm on your system , slam in some R134a plus OIL. See what you get. If you don't like the results, then spring for the big bucks conversion.