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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 yes and no. You will have to solder some wires.
It can't be both, either it is plug and play or it's not, there's no middle ground. And what soldering would be required? It already has the MAF sensor connector pinned into the computer by the looks of it.