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You can get a Spec stage 1 clutch or a Ram clutch which are both very popular options for our cars for $270 on americanmuscle.com and not sure about installation costs. That is a great place for mustang stuff fyi, they have free shipping, great prices, and a big selection.
My clutch throw is only about an inch or two, so 3/4 of the way up for is fully engaged with my clutch. It's real nice to flick a toe and shift instead of pushing it to the floor every time.