Nope you don't need to reset the computer. Unless you want to.

Get us a sound file on here so we can here your new setup. Cool deal, man.
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FOR SALE: 1996 Mustang GTS: 5-speed, K&N, removed air silencer, 3.73s, 49,000 miles. $11,000.
http://www.mustangworks.com/cgi-bin/moi-display.cgi?388