Small update on an old topic sorry,
A rod 'can' be used on long travel bike without a floating hub setup. In other words the brake hub fixed to the swingarm via a torque arm or the hub locating lug on the swingarm. Simple method.
Where the rod attaches to the brake pedal needs to be inline or very close to the swingarm pivot as mentioned by GMC above
If this is done then there is no movement/pedal float in the pedal even at full bump. This is the method I used on my RM400C for many years when I fitted a cush drive DR500 wheel. I've just noticed the '82-'85 RM80 is the same from the factory and this brought the memory of how I did it flooding back. Even though it is an 80 it has just as much or more rear wheel travel and the brakes work brilliantly.