I didn't think that 84-87 calipers were aluminum, but I might be wrong. I know '88 calipers are half aluminum and half cast iron.
Most four piston calipers are designed well enough to out perform a single piston floater. I would go with an aluminum 4 (Wilwood dynalite, etc.) or 6 (Wilwood GN III, etc.) piston caliper before a stainless steel caliper, except possibly for an armored car or large truck.
Unsprung weight in the suspension has a much larger effect on a car's handling than extra weight in the chassis. When considered with a wheel, tire, spindle/hub-carrier, spring, control arms, etc. that combined weigh less than 100 pounds, a 2 pound difference in caliper weight is suddenly quite large.