In that $1500 estimate I gave previously, I neglected to say a lot of things. $1500 is assuming he does the work himself and includes the price of a posi and gear-set of his choice. 94-95 Mustang GT's on average run about 14.9's, bone stock...where you people are getting mid-14's from is beyond me...the automatic GT's are even slower. His V-6 is lower on power than the later models, but that's mostly in the intake and heads.
It's not all about dropping a big motor in a car...88 T-bird Turbo coupe 5-speed VS. 88 T-bird with the standard 5.0...140hp/185lb-ft VS. 165hp/250lb-ft, respectively...those cars would run neck and neck in stock trim(low-16's). Considering the differences, the cars balance out well...the Turbo Coupe was packing around 16lbs of boost at max with a 3.73 posi rear and a weight of around 3150lbs....the standard granny-issue 5.0 T-bird had a soft-shifting AOD with a 2.73 "open" rear and a weight of about 3500-3700lbs.
New Toy- Stone stock '88 T-bird Sport in need of some TLC
1988 Cougar XR-7- HO/T-5 conversion, cracked block prevented from reaching full potential.
RIP '88 T-Bird....firstname.lastname@example.org...best sleeper in So. Jersey, now it's taking a permanent dirt nap.