I moved from Michigan to Phoenix Arizona, (The Land of Dry Poop and Dry Boogers) last year, and here is what I have found concerning the myths of converting from R12 to R134a refrigerant.
Converting to 134a is desirable considering the costs of genuine r12. It is also desirable because r12, at close to $1000.00 a 30 lb. can is being smuggled in from Mexico. The fear is that you may end up buying propane(which works as a refrigerant) and introduce a flammable gas into your underhood system. I won't buy that crap, based on the fear of being shown the pictures of what happened.
R12 and R134a both produce the same ultimate results of temperature transfer, but R134a has a lesser efficiency. In automobiles it would be desirable to increase the evaporator and condenser size to accomodate this ineffeciency, but in many cases that cannot be done. In most cases the differance is not noticable.
Myths have been created concerning compatibility of the oil used to irrigate the compressor. In 134a Ester 100 is used, and to convert, I would recommend using this oil, even in the presence of old, R12 oil, which is best vacuumed out. They do get along.( If you mix brake fluid and motor oil you get dramatic results within hours. Seals designed for these two fluids are not compatible.)
To convert is very simple. I'm a big fan of Carquest, go to Carquest. Buy a conversion kit. Screw on the adapters for the A/C guage port fittings. R134a is different. Do not change any O-rings. This is where I will get the heat from the Theorists. Your O-rings will not leak, nor will your compressor be destroyed by the change in refrigerant.
Frankly, Guys, I don't need you. You are not my customer base. Nor do I EVER lie to a customer. I make a lot of money on this shit fast here in Veenicks baby! But I never sell the old refrig. Its a waste of your money, and its a polluter. Can you convert your 68 Camaro? Yes. We are doing a 68 Chevelle Big Block with an aftermarket "perfect" conversion" this week, but that is a conversion from a faboo '60's car that never had A/C. I'm not advertising. I just want you to realize that you can get your A/C up and working again without paying for R/12. In the old days you could get 12 OZ cans of R12 and shoot up the old systems every summer. Those days are back. R134a goes for $7.00 a 12 OZ can, and even if you have a leaking system, you can shoot up with a can tap after you convert.