If i were you i would buy the whole engine for 300 bucks, i would take the engine apart and inspect the bores, bearings what not and use the explorer engine over the mustang engine. Just remove your 94 gt camshaft and use it in the explorer engine. The explorer engine has hyper flat top pistons which will increase compression over your 94 engine that has hyper dished pistons. Both engine pistons have 4 valve reliefs but still the explorer is flat top piston. Also i would take off those gt40 3 bar heads and go get em shaved around .040 thou.... use a felpro 1011-2 headgasket that has a compressed thickness of around .039'' which is thinner than stock head gasket and will gain u bit more compression. Im leaning at compression here because it seems as if you aint doin boost or anything like that, so if you want the most power NA then follow my instructions. Also you would have to use your flywheel,oilpan/pickup,balancer, waterpump cover distributor, and pilot bearing if you are manual transmission. Also if you got the extra coin, go pick up some 1.72 roller rockers with that stock cam, maybe even an aluminum flywheel to gain more ponys thats in that rotating mass... there is a guy on a different form than has a 2000 explorer motor with the gt40p 4 bar heads and he put a stock 87-88 speed density camshaft in that baby and aluminum flywheel and he is pushing 301 hp and doing high 11 sec in quartermile... lot of practice i guess, plus he tuned his car on his own with a speedbrain, i think his name is NOHRSPWR ... lots of guys know of him. Im have gt40p heads ported larger valves gt40 tubular intake stock cam and factory stamped steel rocker arms and my car can pull away on my buddies 03 Mach1, and stayed side by side with other buddies 2012 5.0 mustang. So if you do as i say you will be happy

Also if you dont wanna do all the work with swapping to make the explorer engine work, you can just take heads off go get em shaved like i stated above and use the intake also, it will still run pretty good. when your taking your heads to a machine shop when you get em shaved, take ur lower intake down also and have em inspect it to make sure they wont have to shave that down also if they shave off too much on the heads, if they do, they will even em both out so you wont have any sealing problems. KEEP ME POSTED!!! dont be afraid of the swap and i will be here to help any questions you may have as well as the other mustang specialists on here

Also if i missed something can someone chim in lol