I'm going to offer a little 'conflicting' opinion, here.... And, I'm well aware of the current thoughts about .060-over as max, etc, etc. In my view, the previously posted thoughts are 'right-on', and reflect a conservative, safe approach.
However, in my 'old-days', meaning back in the 50's when I worked in a few independent shops, we routinely saw brakes that were more than .060 over, and fairly often .120-over. I'm not saying that I recommend this. I AM saying this has happened, and I never saw failures, and the shops that I worked for never had any 'come-backs', or complaints, that I am aware of.
My suggestions, for your case.... Do some measurements yourself, and determine what percentage of the original metal has been removed in the 'critical' areas. Think, and decide for yourself if you feel this is significant.
In-any-event, to get back on the road, put it back together. Then, do what I would call a 'proof-test' (as we would call it in the industry I worked in). That is, sitting still on your own property (or wherever the car is), stand on the brakes VERY hard, and see if you can break anything, or feel any 'flexing'. I'm thinking of a brake-pedal force of 1.5-to-2 times the force you might ever produce in your worst-imaginable panic stop. Assuming this 'passes', then do another test, in a safe, road condition. Get the car up to speed, maybe 35-40 mph (or more), and do the strongest panic stops that you can. This would be 'short' of skidding the tires - I'm suggesting the strongest stop you can do WITHOUT skidding. Repeat at least twice (total 3 times). If you have a 'down-hill' to do this test on, so much the better.
Then, re-think, or re-evaluate whether or not you feel comfortable with your brakes.
If the drums are marginal, or flexing, you might be able to feel 'pulsing' after this test, indicating that you may have distorted a 'weak' drum. (Better to find out this way, as opposed to a REAL panic situation.) And, be advised, with the mechanical brakes on my own early Ford, after three of these 'panic-stops', the brakes will be in the 'fade' condition - ie, hot!
Finally, keep your eyes peeled for drums that are closer to standard... I am aware of TWO recent cases of friends that GAVE-away sets of these style drums, because they were changing to the 5-on-5-5 style, and they couldn't find anyone willing to pay for the old, take-off parts. Find a 'rodder', or rod-shop.