The real problem with this conversion is that the two systems use different oil. If you don't get all the oil out before re-charging, your compressor WILL fail. The only is how long will it take. The reason you see big differences between amatuer and professional conversions is due to differing expectations. As Toyman states, he wasn't willing to change all the parts, but he has a/c now when he didn't before. Techincally, the compressor should be changed to a 134 type so that it can provide the flow and pressures needed to run 134 effectively. The expansion valve is changed for the same reason. The drier gets changed because it is virtually impossible to flush all the oil out of it. O-rings should be changed to a Buna-N type to insure sealing with 134, since the molecules are smaller than R-12.
Recovering and evacuation will not by itself remove all the oil from the system, it must be flushed, preferably with refrigerant. And generally speaking, the condenser and evaporator in a 134 system will be larger for the same ouput as an R-12 system. System pressures depend on many things like temperature, humidity, engine speed, etc..
and cannot be accurately estimated. Your car will have a capacity spec, just charge with that amount and you should be good. All else being equal the pressures will be higher than with R-12.
The only thing that is mandatory in doing the conversion is to flush, change the oil and drier, evacuate, add the appropriate charge fittings and charge with 134. Everything else will improve performance over not doing it.