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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.
Just bolt in a 5L Mustang 8.8" rear and you'll be fine! ...if your hitting the drag strip, might want 31 spline carrier & axles!
^^^+1.... The 8.8 should hold up good with 31 splines. If you want even more ruggedness you could put some C-Clip Eliminators on the old girl so if **** does break, it won't leave you looking like a goofball at the line (plus its safer when an axle does break).