Thats the reverse lever pivot. You'll have to disassemble the transmission to get the lever back into position. Shouldn't be too much of a problem for you since the trans is out of the car. Just pop the top cover, retrieve the pieces and reassemble on the pivot. Bet I've seen this done about 15 times over the years!
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Jeff Chambers
1990 Mustang GT 10.032 Seconds / 137.5 MPH
14-time Street Warrior World Record Setter
CRT Performance
2001 Tropic Green Mustang GT - 12.181 / 113.2 MPH
2002 Ford F-250 Crew Cab 7.3l Power Stroke - 17.41@77.2
"There's nothing boring about a small block automatic shifting gears at 9400 rpm!"
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