I've been running one in a FSB for 6 years and have been very happy with it. I wrote a tech article that appeared in 3 parts in Bronco Driver issues 20 - 22.
I've also refered to it in several posts.
http://classicbroncos.com/forums/showpost.php?p=1575305&postcount=1
If your are interested you can you can search under posts by me "Dave" and 94 Mustang, ZF etc...
It is a great running engine and has been most reliable, smoothest running, best starting of any vehicle I have ever owned new or used. I chose it and the ZF before learning about this site and others where I'm sure that I would have been steered away from both back then. I did the conversion without the influence, help, and experience that is available today.
I picked this engine because it was some guys pride and joy convertable GT who's son took for a joy ride and rolled it. Only had about 60K on it and it ran after the wreck.
I bought another one to use in my 70 EB project and had it in the chassis before deciding to which gears when I found a very clean low milage 2000 explorer. So I sold the somewhat beat 94 and started over.
There are some pros and cons with this engine. Some have been mentioned earlier.
I would only use it if you are going to install the complete engine and emissions equipment twhich is not all that complicated. The airpump will not fit the EB without without clocking it up on the top mounting bolt and extending making a support arm. They you will have to cut out the fender well. I was going to replace the two vacuum solenoids for the airpump with relays and use and electric airpump. I can not verify it but I believe that the primary air injection (cylinder head) is required for correct fuel control as it is upstream from the O2 sensors. The cat air injection is not monitored and would only effect the emissions output and not performance or generate codes other from the solinoid valve not being in the circuit which can be bypassed with a resistor or 12 volt relay. One of the other reasons I went with the explorer was the AODE vs the 4R70W. On the first one I swapped the AODE for a ZF 5 speed and swapped the computer for a 94 Mustang manual tranny computer. So I can not vouch for the operation of the AODE behind that engine in a 4X4 application.
If you move the battery to the drivers side the Mustang airbox will fit great under the EB hood without a body lift or humped hood. The electrical will also fit up nicly if you use the Mustang harness. I cut mine apart and removed all the circuits that were not related to the engine operation. A big part of the engine compartment harness is the lights and ABS system that are not related to or interface the computer and engine.
The left shorty header is easy to modify to avoid the clutch by cutting the flange and rewelding with a little wedge to point it down for a cross over.
Good luck and keep us posted.
Dave...