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my coolant was like that too. i drained all the brown crap out, then filled it with just water. ran it to normal temp and drained the water out and then just put in the 50/50 mix. it worked fine and my coolant is the normal green color. : )
i know around here the becool radiators sell really good. im not sure if they make one for the mustang but im sure they would. if not you could always try the ford racing radiator that i saw from summit.
Check out Summit Racing for your radiator. They have BeCool like CT mentioned and that's a really good brand but there are a lot of other options as well.