Probably not the by-pass valve, since I'm running with mine disconnected electrically, still mounted to TB. Even if that valve was bad it would still run as long as you kept your foot on the throttle enough so that it wouldn't stall.
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1989 Mustang LX Notch
5.0L, T-5, 1969 351W heads, cut & welded stock plenum, F-303 cam, Mac 1 5/8 full length headers, Cat'd H-pipe, 3.73 gears, Underdrives, SSM lift bars, E-Fan, 3G Alt, Custom Chip, Autometer gauges, Weld Draglite wheels , M/T ET Street Radials
Best 1/4: 13.33@101.53MPH
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