Lenses need to be professionally cammed. Well, you can do it yourself -- I cammed my 150 Apo Lanthar for an MPP -- but it's hard work: see
http://www.mppusers.com/diycamplates.htm
Exposure increase is fairly simple as long as you remember the following:
At ONE-TENTH life size on the film, don't worry about exposure compensation.
At QUARTER life size on the film, increase exposure HALF A STOP
At HALF life size on the film, increase ONE stop
At LIFE SIZE on the film, increase TWO STOPS
Interpolate for other extensions. If you're shooting neg, err on the side of over-exposure. The minor loss of sharpness is not important with 4x5 inch. Nor is the minor increase in grain for conventional B+W film. Remember that
At QUARTER life size on the film, bellows length is focal length +1/4 e.g. 187.5 mm for 150mm lens
At HALF life size on the film, bellows length is focal length +1/2 e.g. 225 mm for 150mm lens
At LIFE SIZE on the film, bellows length is 2x focal length e.g. 300 mm for 150mm lens
Cheers,
R.