I am currently running the following:
Alternator, Crank, Water Pump, and Tensioner. I have Marcg Underdrive pullies with the march Alternator Bracket kit, and Smpg Pump delete kit. The tensioner gets relocated to the top on the drivers side. (where the A\C used to be). I currently am running a 57" Belt. You will think it is too short, but everything else will screech. If you look in any ofthe Mustang magazines and find the March Performance ad, you will see a picture of the set-up you need to run. I got the right size belt by trial and error.
Good Luck.
Jon