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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.
A good 2 or 3 core aluminum radiator will cool plenty. you need to be more concerned about the # of fins it has and how big the cores are. You can get some good alum. radiators for under $250. An electric fan and 180* stat will work just fine.