brake pads

No, they won't. But if he's upgrading to cobra fronts, see if he'll sell you his front calipers too. Otherwise, you can find the 99+ front calipers for $75 or so used.

taking off the old ones, and putting on the new ones... direct fit on my 95 GT... although, instead of buying used, I'd recomend the 2001 Bullitt calipers... they're a nice red w/ the running pony on them, usually go for around $200 at a store, around $160 on Ebay... that's what I did, and they look NICE!

-btw, I'd suggest upgrading the brake fluid while your at it, if you want to... something that has very good resistance to moisture and compression ratings, like Super Blue Racing fluid... It's a german competition fluid, but very high marks... just a suggestion