Chaudhryrulez
A tip for the braking distribution. Calculate the weight transfer for braking with a 1.2 g stop. You can do this using the c.g. from the side profile of the car including the driver. With the c.g., you can calculate the moment around the c.g., and the braking forces, and consequently, torques required for the front and rear wheels.
This way, as weight is transfered to the front during braking, you'll need more braking at front and less at the rear, this will eliminate rear wheel lockup (which will definitely be the case with a 50-50 braking distribution). Theoretically, you can have a 50-50 braking distribution if the car's c.g. was in the same plane as the tyre contact patches.
If you brake on a slippery surface, your front tyres will have a tendency to slip first as less weight is transfered. This may or may not be a good thing. Good, because your car wouldn't snap around, and you can use some Left Foot Braking to limit understeer if encountered. Bad, in that you'll lose steering control if the wheels lock up. I'd personally have the front lockup first rather than the rears for stability.
Hope this helps a bit!
Sami