Here comes another opinion.
I recently installed EBC "green stuff" kevlar pads and EBC slotted and drilled front rotors on the wagon. The pads work great, put out some dust, but far less dust than stock. The rotors seem to work pretty well, too. The "drilled" part of the rotor and the slots are there for outgassing of the pads. The holes are not drilled all the way through, so heat sink mass doesn't take a big hit. I'll have to see how it goes, wear-wise. So far I am happy with the EBC products. Most of my driving is stop and go in the LA basin so my front brakes get a pretty good workout.
92 300E (Black/Grey interior: wife's car)
94 E320 Wagon (White/Saddle interior, Eibach springs, '96 E420 16 x 7.5 wheels)