The difference in thickness from a new rotor to one that is technically out of limits is not very much .
My guess is that to get the rotor 'true' you will have a rotor that is too thin to use .
I have EBC semi-floating steel rotors on my'81 R65 they work great, one member here has them and they wore out at the 'hardware' at the rotor to carrier area in I believe under 40,000 miles .
A company in the Springfield, Ohio area, Speigler Performance, will remove the rotor and rework the carrier and add a semi-floating stainless rotor, which has the capability of being rebuilt, replace the 'hardware' and rotor in probably less than an hours work, if and or when they do need replacing .
OEM rotors are going for over $400US each, EBC around $250US, Speigler around $240US .
You may want to consider replacing the brake lines, if they are rubber and get different pads, there are much better compound pads than OEM out there now.