If you lose air, you still have braking, but with difficulty. If you lose a hydraulic assembly, you lose all service braking.
These brakes will not lockup if air or hydraulic pressure is lost.
I have been following this and note that the military didn't upgrade the vast majority of the M35's out there, and it was probably because 1) the trucks were getting to the end of their design life, so upgrading wasn't financially feasible and 2) these trucks probably had the "soft" parts replaced on a timed basis, so the brakes were reliable.
We are (or rather for me, WILL BE) driving old, heavy trucks which need to have dependable brakes and steering. The safest thing to do is to replace all the soft parts such as all hoses and cylinder cups; this can be accomplished by rebuilding cylinders or installing new.
The dual-circuit system is better, and if you live in a high-traffic area such as Southern California or any city, it would be the smarter thing to do.
The hydraulic fuse sounds great, but it could never "set" for a false failure, as then you would lose brakes to whichever circuit it was in. I think there is a distinct probability that the DOT would not allow the installation of "fuses" in braking systems (someone verify/deny?).
What I have NOT seen so far is anyone posting the modification kit number and where to buy it. So I guess that's not an option? Anyone??