Thanks guys. My neighbor came over to give me a hand when we discovered that the hub and rotor we expected to be two pieces were one piece...
Bearings are in good shape, rear seal is TRASH (had been apparently leaking for some time). Races appear to be good. The rotor will need to be replaced, at least on the driver's side since I beat it to hell. The passenger side hasn't been touched, but I'm sure it can't be turned since it's original with 135k miles and at least two sets of brake pads on it.
Guess I need a torque wrench as well since I don't have one and probable should if I'm going to keep working on my '96 Taurus and ST.
I need a Hayes manual as well apparently as I'm sure I would have been able to expect a one-piece setup.
Thanks ya'll. Will check back when all done around midnight tonight at this rate.