There is a possible problem with the pulleys. The bolt that holds the crank pulley can come loose over time and cause major engine damage. This has been seen on more than a few Cobras or 4.6 GTs believe me. I got half my parts from a destroyed Cobra engine from this happening! The bolt even came loose on mine after one year of being perfectly tight. If you guys have these, periodically check this bolt.
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(96Cobra/softtop-3.73,almdrvsht,fancontrl,steeda sbfrmes+shifter,eibachspgs,pulleys,Bassani X pipe,C&L 80mm
Cobra DYNO 301rwhp horsepower w/out steeda timing adjuster
93 Ford Probe Gt(slower but turns)
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