The DOHC 4.6 is superior to the 5.0. The 1996-2001 Cobra's will all beat the 1993-1995 cars.
I disagree with the 60-80hp advantage though. The 5.0 Cobra's are sorely underrated. Doing very simple mods to them nets tremendous gains on both cars.
Here are the simple mods I'd do to a 5.0 Cobra. 3.73's, Pro M 75, cold air induction, headers, hi flow cat, catback, E cam, GT computer. I'd say you should expect nothing less than about 310 at the crank. With drag radials and good launching, you should be damn low 13's.
Here are the mods for the 4.6. 4.10's, Pro M 77, hi flow cat, catback, 31 spline axles (1996-1998), 8-9psi supercharger. Expect well over 400hp, and drag radials are a must for good times. That combo should run real high 11's/real low 12's.
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