I have the "vented brake" conversion on my 86 SE. This kit consists of 88 Grand Am front rotors and callipers, and the original front rotor machined down to make it a hub, over which the Grand Am rotor fits. You can collect the parts and machine the hubs and save quite a bit, but the Fiero Store kit is very convenient.
You may find that your stock master is not adequate if you put on this kit and do nothing to the rear. The stock rear callipers are responsible for most of the pedal travel on a stock brake system, and with the bigger pistons on the Grand Am callipers, your pedal travel may be too much. On my car, I have 85 Cadillac Seville calipers and Grand Am front rotors on the rear. This gives me a working parking brake, and the Seville callipers don't "eat" so much pedal travel, so the system works well with the stock master.