It took quite a while but finally, the "brake upgrading" is finished. (so time to upgrade this topic).
As often, anything that could go wrong, did.
After lots of delays, I received the ordered brake disk. When I opened the box, I saw it wasn't the right "semi floating" one, but a modern drilled "light" disk. Nice part but not what I wanted (nor ordened) for my Prody. So a new disk was ordered. This time it was the right type but not a 12" , only 11.5. The brake pads sticked out 5 mm above the disk. Eventually, the Norvil one was the one I needed. Still 5 mm. too small to be a 12" but I'm not that difficult and filed 1.5 mm away from the brake pads... :?
Next, I couldn't manage to bleed the resleeved MC. After a couple of hours I found out the MC leaked. The brass bushing turned out to be badly finished:
so I had to return it as well...
But in the end I had all the right and good working parts. As I wanted to compare the Norvil disk / Lockheed racing caliper with the Commando disk / standard caliper combination, I fitted the new disk with the present Brembo 16 mm. MC first. Braking was improved a bit but indeed not that much. Next, I replaced the Brembo by the 12.5 mm resleeved Norton MC and this was a big improvement: the bike brakes almost as good as a modern one now.
Conclusion: it is absolutely advisable to reduce the MC diameter ( if there's only one front disk).
The modification to the Norvil disk doesn't improve the braking performance much, but for a Production Racer, it looks of course much better.