A concern is the oil in the new compressor needs to be compatible with the refigerant you choose. What's in the new compressor, they usually have about 200cc of oil already in them? It should say in the instructions. If it came with PAG 46 oil , that is R134A compatible, but not R12 compatible. If that's the case, I would go with R134A. Install a new receiver/dryer. It's a good idea to flush the system out using Dura II Flush Solvent, NAPA PN TEM409889, but only if you have dry compressed air to really blow it out. To be extra safe, if the compressor has PAG 46 oil, you may want to drain it out and replace with a universal oil that will be compatible with R134 and any old bits of R12 oil that are still in the system. Estercool A/C Refrigerant Oil is one. Theoretically, you should replace the oriface tube in the liquid line with one optimized for R134A. But I'm told the R12 ones will work with slightly less efficiency. A true expert may chime in on this.