I assume you are figuring on putting in a new/bigger M/C to improve your braking function. That won't do any good by itself, and in fact, changing to a larger master, without changing any other components, may actually LESSEN your braking efficiency for any given amount of pedal pressure.
If you are looking at making the braking efficiency go up, start with the BOOSTER first, particularly if you have one of the older XJ's with the single diaphram booster. Converting to dual diaphram used on '95's and beyond is a big help.
If you are hell-bent on really upgrading, larger calipers accompanied by a bigger M/C is the next big step, but it means new knuckles, rotors, etc.