SBP or BBP?

You don't have to weld the axle flanges, you can just drill the 4.50 pattern offset from the 4.00 pattern. I did not like having to drill the small 10 x 1 3/4 drums when I wanted to replace them. I also don't like lug nuts centering the wheel instead of the hub. As for wheels, the 15 x 7.00 rallyes fit. I had a set of custom 15 x 6.00 MiniLites made for the 66 Formula S. Should get them on in a couple of weeks. You could probably add a power booster to the 65 and turn the drums with good shoes... Just thinking out loud.

abodyjoe is right on about the BBP 7 1/4.
That's why I don't recommend redrilling the axles.....centering can be a problem and the studs get too close to an edge for me to be comfortable about strength. As for swapping the later 7 1/4 in place of the earlier one.....a waste of time and money in my opinion (unless you get it free and have all the time in the world). To me it's like trading one hand grenade for another because it's easier to clip on your belt. Save your money and get a better rear end.