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Just got my first mustang, an 85 GT 5.0 auto. I'm a big f-body nut, my baby is a 94 Z28 camaro, but all prejudices aside mustangs are sweet too. My friend was strapped for cash so I gave him $500 and got a mustang. It's in rough shape but will make for a decent beater once I give it some long overdue attention. Here's a pic:
thats could be a great project. I plan on buying a 5.0 at some point in the future and making a nice drag car out her. But, thats going to be a long long project.