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Welcome to the BB.
Your braking system can be upgrade to dual circuit system (usually a pain because the 122s used the master cylinder that mounts vertically). The '68 122s came with a dual MC with the correct bolt pattern (fairly expensive new, hard to find). There are adapters available to change the mounting pattern from vertical to horizontal (I made the one for my car):




Wilwood makes brake parts MC/proportioning valves/calipers (check this thread out):
http://www.brickboard.com/RWD/volvo/1430836/120-130/using_140_calipers_68_122s_coupe.html
You might want to check out turbobricks.com. There are some vintage guys over there that can help too.
Other groups are out there too.
Some good sites:
http://www.sw-em.com/techarticles.htm
http://vclassics.com/archive/index.html
http://www.volvoamazonpictures.se/
(on the left side, look under "documents", the factory greenbooks[repair books] along with the parts catalogues can be found)
Parts:
http://www.swedishtreasures.com/122toc.html
http://www.cvi-automotive.se/
http://www.vintageimportparts.com/
Just a few, we can point you in the right direction for other parts/forums/cross references
Paul
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