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No worries. :)
I'd say you're correct - assuming the tapped holes in the caliper are the same as those in the Volvo/ATE caliper, you may even be able to re-use the line for the 302mm brake setup.
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Comes straight out the top.. Really easy to get out, oil return pipe can be a pain to get back in due to front to rear subframe and exhaust needing a small 1/4" torques socket on a knuckle and...

Have a read of this : http://www.vpcuk.org/forums/showthread.php?55903-Recondition-Volvo-850-Engine-Oil-cooler-lines

i have an ecu out of a 94 t5 manual if all else fails

there is a 850r one for sale on ebay £10 starting
ebay number 320827537386

Hi - the turbo might bolt straight on but it won't work as you hope! Have a search on here, there are other people who have discussed changing the turbo on their LPT cars before - might give you a...