Upgrading to 300mm discs is a huge step, going to 320mm is gigantic! Reckon the weedy stock forks will be seriously overwhelmed.
The stock 38mm Marzocchi on my RGS had a hard time with 300mm Suzuki discs and Brembo 4-pots. The M1R now copes well with the slightly larger 310mm discs, even these brought about a noticable improvement in brake performance. I'd never go back to cast iron discs, stainless steel works so much better under all conditions, given the right brake pads. Lucas/TRW carbon/ceramic compound pads work great, last well and don't chew up the discs unduely.
Something that is often over-looked in regard to cast iron discs, is that once deep surface rust has set in, this must be removed entirely to restore proper performance. If left to be rubbed off by the pads, only the soft outer part of the oxidation will wear off, leaving a tough, darkish layer that has a miserable friction coefficient. Not only is dry performance poor, but wet braking is almost non-existant. Cast iron discs need to be shiny!
piet