4 lug to 5 lug conversion

I bought a 91 Mustang notch with a 4 cyl, auto, and I just finished installing a stock 5.0L 5 speed motor, trans, and harness. I used all of the 4 cylinder front suspension, and rear axle (7.5). Anyways, when I am finished painting the car, I want to do a 5 lug conv. on it. I will use 94-95 Mustang spindles, rotors, hubs, and 99-04 calipers, brackets, and hoses.

Question #1: Will the 94-95 spindles bolt up to the ball joint on a 4cyl control arm?. I know they will on a 8cyl control arm.

Question # 2: Should I use 2 left side 92 and older Ranger rear axle shafts? I will be keeping the 7.5 rear axle for now, because I have already done a ton of work to the car. The reason for this question, is in the June 2006 issue of 5.0 Mustang and Super Fords, it looks as if they used 94-98 Mustang rear axle shafts. They say they are longer, and that they are switching the brakes to disc, but I will be keeping the drum brakes. Will they still work? They used junk yard parts, and that's what I am using.

Any information you guys can provide should help me out.

Thanks for the reply. The 8.8 out of the 92 GT donor car is broken. It was ripped half way out of the car. I have 2 8.8's out of 94-95 Mustangs with disc. I heard that they are longer overall, so how bad will the wheels stick out.?