Have you got a 302 or a 351W? If so this should be a very easy transplant, except the rear axle. Lots of people have put late model powertrains in the early mustangs, and the good part is you have the computer and everything. I don't think the front suspension will swap, but so much stuff already exists for suspension, I wouldn't worry about it. Older mustangs use the older eight and nine inch rear differentials. They are plentiful and of course use leaf springs so the 8.8 is not an easy swap. And you shouldn't have any problems with having a driveshaft fabed for this swap, as I said, windsor small blocks and T5 tranys are a popular swap.
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