With the money your talking about spending on a frame off restoration, rebuild and paint job you'd be better off finding a solid car to start with. I know you can find a decent 90-92 Mustang for around 3-5 grand in the Chicago area. A couple of the nice things about the 90-92 Mustangs are the pony rims and forged pistons. I know there were a couple of upgrades for the 90-92 Mustangs over the 87-89's but I can't remember off hand exactly what they were. I know that in 93 Ford went with a cast piston instead of the forged which makes nitrous or a blower a more problematic application. Plus the 90-92's came off the showroom floor rated at 225 hp rather than the 205 that the 87-89(?) were rated at. From all the stuff that I read I'm very happy with my 91 LX hatch.
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91 LX 5.0
Z t-5, Centerforce DF clutch, Pro 5.0 shifter, 3:73's, Vortech 73mm Mass Air, Accufab 65mm TB, BBK underdrives, BBK unequal length headers, Bassani x pipe, 2.5" Dynomax Super Turbo cat back, Kenny Brown Super Subs, Factory Five Control Arms, Crane HI-6S Ignition, and more to come!
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