I assume the same holds true for a 96, but I know 98s you acutally can lose a HP or two from just removing the silencer.
Granted, I think it sounds much better without it, but don't expect a gain. I think the removing silencer idea goes back to the early 90s 5.0 days when it was a problem. The Modular Mustangs (again not totally sure about the 96), had their silencers designed to have good air flow.
I would recommend getting a K&N filter though. You will actually save money because you won't have to replace those paper filters all the time.
I would say go for pulleys (if you don't have a large stereo system), shifter, new MAF (people seem to like them, don't know much about gains on a stock modular engine though), and don't forget suspension. Many suspension mods can cut time and make your car more fun to drive. Traction bars or lower control arms are some favorites for drag-racing (if that is what u are going for). Also, a good tune-up and advancing the timing are always helpful to start out with.
Thanks,
DoranW
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What I have:
1990 Red Mustang 5.0 LX:
[BBK X-Pipe]-[MAC Cat-Back Exhaust]
[MAC Cold Air Intake]-[BBK Equal Shorties]
[3.55 Gears]-[Cobra Intake Manifold (Upper and Lower]
[E-303 Cam]-[Granetelli Mass Air Flow Sensor]
[Front and rear sway bars]-[New black carpet and seats.]
[Adjustable Fuel Regulator]-[T5 Conversion w/ K. Cobra Clutch/Hurst STS]
[Cobra Throttle Body]-[130A Alt. Conversion]
Thinking about:
Aftermarket Heads!
Vortech A-Trim
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