On your 68, which way to go with a caliper rebuild sort of depends on how long you plan to keep the car.
If this is a case where you are going to repair the brakes then sell the car within a short to modest amount of time after the rebuild, I'd pull of the calipers, split them, take out the pistons and look at the bores. If there's no pitting or very, very slight pitting, I'd get a caliper bore hone, run it through the bores, change the piston seals and dust boots then put all the calipers back together. As for the rotors, if they are above min. thickness but are warped or have grooves deeper than 0.015-in. then machine the rotors. If they are not warped, do not have grooves that deeper than .015" and are above min. thickness leave them alone.
Now, if you intend to keep the car a long time and having original MY68 calipers isn't important, then I'd get some exchange calipers which have the caliper bores fitted with stainless steel sleeves.
If you intend to keep the car, but originality (ie: the proper pre-mid-70s calipers) is important, I'd find a brake vendor which will take your caliper halves and install stainless steeel sleeves in them. Once you get them back, add new piston seals and dust boots and do the rotors as suggested above.
Lastly, I'm going to guess with a car that old, there'd be a big benefit in overhauling the master brake cylinder, too.
There's more 65-82 brake service info at:
http://www.idavette.net/hib/BBfHInet12.htm
and
http://www.idavette.net/hib/BBfHInet12.htm
Good luck!