Changing the compressor & hoses and flushing out the other parts of the system will allow you to switch to PAG-46 lubricating oil, which I understand is better than the ester conversion oil needed with a compressor already having been used with R-12 (plus these things are a minimum of 26 years old now, the comp seals are probably near, if not already at, their EoL as well).
Changing the orifice is part of standard procedure any time the system is opened (same for the accumulator/drier if the system has suffered a complete loss of refrigerant, has been open to the atmosphere for any length of time, or if changing from R-12 to R-134a).
I did this conversion on my '90 back in 2008 using a new (not reman) Visteon compressor and documented what I replaced here:
So I've decided I'm going to fix the A/C on my '90 BII rather than yank it all out (was just reminded that driving through California's central valley in smoky 105° weather (from the fires) isn't exactly pleasant lol). I've done a bit of reading on this, looks like I'll need at minimum a...
www.therangerstation.com
The compressor was a bit $$$, but 12 years later I feel it was more than well worth the cost.