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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.
well, you really need to get it out on the road and lug it in lets say 5th gear from a 20 mph roll, if it's a misfire , it'll show up under a load there, also driving it will reveal any hesitations and take note when and where such occur....like light acceleration, from a dead blast....ect ect, that way you'll know what area to focus carb tunning on
Almost sounds like a bad plug or wire causing the popping sound. But there are many variables. Driving under a load is the best way to feel it out as mjr said.