Here's where I'm at today:
Bought Explorer motor, Tremec 5 spd trans, BBK headers, Summit parts, etc. The car is already stripped. I had to put wiring harness and glass back in. Sunroof panel tack welded in place. I'm going to convert the Explorer EFI to Mustang EFI. I cant decide to keep the 3.73 limited slip or use a 2.93 open to keep the revs down. Decided on manual brakes, couldnt find a 540 booster/linkage setup. I'm working like crazy on this manual.
Everything is going to go much faster than my first swap.