Appreciate this. Been having fun with my son at the junk yard (we call it the alternative parts store).
Ok, here's what you'll want to grab. I'm going to assume that Cobras are rare or non-existent at your yards so this will be a good brake system built on mostly V6/GT parts.
Front:
Spindles off 94-95 Mustang (any model).
Dust shields off any 94-04 mustang
Rotors off any 94-04 Mustang V6/GT
2-piston Alum calipers off a 99-04 V6 Mustang
Pair of front brake lines off 99-04 Mustang
Rear:
Pair of 5-lug axles off a 94-98 Mustang V6 or V8
Brake parts can come from any 94-04 Mustang. They are all the same but the main difference is you cannot use the 99-04 axle shafts. You want
-Calipers, rotors, axle brackets, anti-moan brackets, dust shields
-Parking brake cable guides that are bolted to the sway bar bracket
Booster:
Any 94-95 Booster, or 99-04 V6 vacuum booster. Avoid the 96-98 v6 vacuum boosters. Avoid a booster where a leaky MC caused the front under the MC to corrode. If any brake fluid gets on the rubber, it will deteriorate and leak. DOn't take the risk due to the PITA job of swapping these. May be advised to go reman here.
MC. Ideally you want a 1.00" bore here for this setup. That means 1993 Cobra whick you'd have to buy new. You can snag a 1999-2004 V6MC which is also 1.00" bore, but the fitting sizes are unique so you'd have to make the lines. You can TRY a 94-95 V6/GT master cylinder which is 1 1/16" bore, but the pedal might be a tad bit too firm for your liking.
Misc. You'll need to buy a few additional items, such as e-brake cables. , Adjustable prop valve, and the prop valve plug.
Here's your basic instruction manual.
http://static.summitracing.com/global/images/instructions/fms-m-2300-k.pdf