Not exactly like that Vic – although I have replaced plain bearings with ball bearings in other applications.
I would alternatively suggest that it might be possible to sleeve your existing bearing with an Oilite bush, which would require a minimum 1" hole (or 1-1/8) for a 7/8th bush to be pulled into. I have done this in other applications, as well as the simple replacement of existing Oilite bushes. In all cases, I needed to make a custom 'puller' to remove and/or insert the bearings – not hard to do but extra overhead. An Oilite bush is usually easier to fit because they have a small ratio of ID to OD and can therefore be used where a conventional (ball) bearing might not fit. Kept lubricated, they last well and should work just fine for a countershaft (indeed I have a countershaft that uses them).
One other consideration is how badly the shaft is worn/scored. If it is, then you may need to machine the shaft ends down a bit and fit a smaller ID bush/bearing. This might make fitting new bushes (into the existing castings) easier but will also most likely have some knock on effects (like needing to sleeve any 'end' pulleys which will then be oversized for the shaft ends). It's a good idea to think these things through several times before leaping in, as sometimes other issues do pop up….
hope this helps..
IanT