I won't speak for anybody else, but on my '00 GT coupe, it's a coin holder.
(edit)My traction control switch is located under the CD player, in front of the shifter, next to the cigarette lighter, FWIW.
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"Back in the day"-Red '66 289
"Later"- Black '68 289
"Today"- White 2000 GT
Stock except K&N & Flowmasters
ET-13.952@98.87 RT-.507 60'-2.09
Son #1 - '87 GT stock
Son #2 - '89 LX 5.0 stock
[This message has been edited by Mustangmom2k (edited 07-09-2001).]