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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.
351 heads have 1/2" bolt holes, 302 engines use 7/16" bolts. You could buy some bolts that step down from 1/2" to 7/16" but they are more expensive than regular head bolts.
I'm pretty sure they are the same exact heads tapped for a different bolt size. I don't remember the years, but I've heard all over that later 351s use the same E7 casting as the Mustang's 5.0.