As far as replacing the rear sight goes, hang onto the Williams sight as you may find you don't like the original military aperture sight for the type of shooting you do. With an aperture of 0.100inch (or 0.175" on many battle-sights) they're no target sight plus there's no windage. Frankly, I find myself shooting easily as good with the SMLE blade sight as the No. 4 aperture sight.
Ridolpho