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5.0L (1979-1995) MustangTechnical discussions on 5.0 Liter Mustangs within. This does not include the 5.0 from the 2011 Mustang GT. That information is in the 2005-1011 section.
I already swapped the 6 for a 7 with my 3.73s, it seems to be doing alright compared to the speed traps I've been through. My tires aren't exactly stock either. Sumitomo ZR 275/40/ZR17's on 17 inch Saleens.
Well the outside diameter of the tires has an affect, with a larger OD you will be at a higher speed compared to what the speedo says when it thinks you have stock OD tires. But in my case it doesn't really affect me much, I could have prob been at perfect calibration with a 6tooth/21 tooth speedo driven gear and my tire size than with the 7/21 which i what I have now.