They are woodruff <sp> keys, the half moon style. They come out, spray them and either tap down on one end so that they rotate around and out or drive from one end as upwards as possible.
I put dual mechanical disks on my small TS. I'm happy with them. I am planning on putting them on my TS290 hopefully soon. The 290 has 3 brakes (both axles and a 3rd on the jackshaft), the j/s is decent with a band brake but the axles do little. I'm gonna use mech calipers with 6" disks on all 3.
If you look at my pictures, my blue TS has some pics of what I did to add the disc brakes.