Good Runs EZ!
The runs on the freeway are fun and with my area's lack of stoplights, it's all I ever get.
207k on that baby? That's impressive.. Those 5.0's can run forever. The only thing that caused my 145k engine to go was the oilpump and the oilpump shaft(the only weaknesses of the 302imho). If you have nothing better to do and don't mind the hassle of removing the oil pan. You could replace these with heavy duty parts or just wait for them to go. With that many miles, I think you got your money's worth..
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formerly 96cobra89lx306
(96Cobra/softtop-3.73,almdrvsht,fancontrl,steeda sbfrmes+shifter,eibachspgs,KYB's,FR-upper arms,Saleen copy-polished 18's,pulleys,Bassani X pipe(gutted),C&L 80mm
Cobra DYNO 301rwhp horsepower before gutting the X pipe
93 Ford Probe Gt(slower but turns)