Converting 68 Valiant Rear to use 15" wheels

Wow you have a lot going on.

Hello! I've been looking at buying a 68 valiant (slant 6, 225 cu in version, if that matters
Congrats on the soon to be purchase.

Assuming your valiant is stock...Your slant 6 valient has 5x4" wheel bolt pattern. Your wheels will either be 13" diameter or 14" diameter. The stock wheels will either be 4.5 wide or 5.5 wide.

The car comes with a kit to convert the front to disc brakes and after I'll have it all installed, I'll have to use 15" wheels
I assume you have read the manufacturers instructions on that.

The kit will probably change your front wheel pattern to 5x4.5".

This is all fine and good but I'm not quite sure what I'm going to do for the rear. I've done some searching but am still a bit confused so I just wanna make sure I'm thinking straight. From this one thread in particular, it seems like I have to either, A) buy a whole new rear axle assembly, B) run "lower profile tires for the front and/or taller 13's in the rear". While it may be overkill for just a (hopefully eventual) daily driver, if I got a rear disc break conversion kit, like this one I ended up coming across, I think I should be able to run 15in wheel pattern ls with a 4.500/4.750 in bolt

For the rear.
You can leave it at 5x4" and get 15" wheels to maintain the look of the front

You can replace the rear, many options that will get you 5x4.5"

Do a disk conversion that changes the bolt pattern to 5x4.5"

Aside from this being a bit overkill, is there a reason I should steer clear of this route?

Yes. The car is new to you. Make it drivable and enjoy it for a while. EVERYTHING you have talked about is EXPENSIVE.

Then do the research on front disk conversions, there are other options than aftermarket, that will bolt on (like OEM parts). If it has 13"wheels you will have to swap out to 14" minimum.