We have used the $$$ silicon brake fluid in one of our late 60's Loadstars. It is not the ultimate fix for brake problems. It seems to have a desire to creep past the wheel cylinder seals, and so there is no pedal when we first try the brakes. So back to bleeding. As you may know, brake bleeding is much easier on the 1 ton than the Loadstar (with 2 cylinders for each wheel, at top and bottom). The rubber products (cups, etc) are made for the DOT 3 chemistry, and thus seal better.
In our cold winter temps, the silicon BF does not flow like DOT 3, so the brakes have a real slow response time.
There is NO compatibility between DOT 3 and silicon fluid. The brake system must be totally drained, purged with compressed air and then flushed with alcohol, and blown down again.
DOT 3 has its problems too. It is very hydroscopic, drawing in water and creating rust. So my solution is to use DOT 3 (much cheaper) and flush it from the system by bleeding all 4 brakes about every 2nd year. With this method, I have some trucks with over 25 years since needing new brake cylinders (or maybe an occasional one has been replaced in that same time period). Our most common problems with brakes is the rusting through of the steel brake lines, mostly from the outside as snow, ice, and road salt hangs onto the steel lines.
Maybe you'd get a better answer about the silicon BF from a local car or truck restorer's club. At least they would know much better how it works in your climate.
I also have a 65 IH 1 ton 4X4 with SRW and a 9 ft narrow box. I hope to bring it back to life, but I need a cab...it is just too far gone.
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