SHELBY GT 350 Member
Joined: Sep 2010
Location: see user name
If it's financially reasonable for you to do so and the car is in a good well maintained condition, yes.
The 2V 4.6 will be a huge step up from what you have, but keep in mind if you ever want any sort of real power out of it that will require a blower, turbo or N2O. Heads, cams and every bolt-on known to civilized mankind will only put one of these engines up in the 310-325 rwhp range. Which is decent, but you won't be out killing any of the newer Mustangs or Camaros with it.
2001 GT Convertible
All the usual bolt-on's /200 I6, C4
And a few Explorers too... 2008 4.0 XLT 4x2, 1996 XLT 5.0 4x2, 2003 Sport Trac XLT 4.0 4x4