Raarty,
Sorry - I haven't had time to do any googling - new Grandson you know! From what I have learned, there are two types of conversion kit - those made for specific 'host' sets, and what the call 'hack' versions. The former are designed to replace plug in transmission modules in sets designed for them. the latter require you to identify three points on the circuit board of the existing Tx, and solder connections to them.
I should point out that I haven't actually done any of this as I sold my 40Mhz equipment and bought new 2.4Ghz, both Spektrum and now Giant Cod. There was an article in Marine Modelling a few months ago about the latter type of conversion.
Barrie