No. The 302 came with a t-5 that is more adapt to handling handling the extra torque and power that a 5.0 makes. I am not sure the exact differences, but they are different. Search the forums for 4 cylinder to V8 swap and I am sure you will find a ton of info.
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2006 Mustang GT
1990 LX
GT-40 motor 262 horsepower, 307ft-lbs (sold but forever loved)
1998 Contour SVT
Rice Haters Club Member #244
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