I've heard of it on 1996-1998's, GT's as far as I can recall...some as early as 35K. It was my understanding that it was covered for 7 years... i.e. if your car is less than 7 years old (they ALL should be) Ford will replace it. Unfortunately, not proactively, it's gotta break first.
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96 GT: KB subs, March pulleys, Bassani X pipe, 3.73's, alum. drive shaft, 70mm TB, K&N, KB Carbon Kevlar BP, Steeda Tri-ax shifter, Flowmasters, MSD wires, H&R springs, Tokico Illuminas
MM C/C plate & GW RLCA sitting in the garage waiting for a free weekend...
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