Just to clarify a few things:
Fuel mileage for the 5.0 and the 4.6 are about the same.
Anyone that says the 5.0 is cheap to mod has obviously never modded one.
Performance wise, the 94-95's are pretty much the same as the 96-98's
The 4.6 and the 5.0 are both reliable engines, it's just that...