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What's even worse is the Ford dealer is sending it to the neighbor Toyota Dealer to have it sanded and repainted. He promised me that they are great and would match the paint perfectly. Not too sure of this now but guess it needs to be done.
Yes I had a Blue 06 that bubbled from under the hood to the front leading edge on both sides. The hood is aluminum and it corrodes with a white powder. The paint flaked off the under-side but the bubbles didn't rupture. I believe it's because the hood metal is folded under and the seam at the front lets moisture under the paint.
For some reason Mustang paint quality has been an issue for year. Thin paint, trash in the paint, bad prep work etc. I hoped the new plant would change that...It didn't.