Eh ... I dunno. A 94-95 GT versus any 5.0 Fox is apples to oranges, even if though they're both 302's. An SN95 is definitely more comfortable/quiet, has better brakes, nicer seats, the looks have more chick appeal (if that matters for anyone), and still doesn't have the stupid OBD-II headaches ... BUT, it's a bit more of a turd to work on, electrical-wise, and there's so many one-off parts that ONLY fit the '94-'95 years and/or require modification to make Fox 5.0 parts work on 'em.
A Fox (especially mine) feels at times like a tin can on four wheels filled loosely with chunks of plastic and a bit of cloth - EVERYTHING squeaks, rattles, pops, groans, and so on with them. Chasing those noises is a neverending exercise in futility. However, they're lighter, simpler, the aftermarket for 'em is still perhaps the largest of any production car EVARRRRR, and they just have a more balls-out feel to 'em, as far as performance goes.
An older one ... well, I can't really say much about old 60's and 70's Mustangs, but the other old Fords I've owned in the past (including a '76 Gran Torino that I'm still kicking myself for having sold long ago) have taught me that for all its cheap gains and relative simplicity, carb'ed motors are too much of a PITA for me to ever want to piddle with ever again. However, if you drop an EFI 5.0 into, say, a '67 fastback, I'll forever be a happy camper.
