I originally installed a '98 Explorer engine with AFR 165's and a CompCams XE258HR cam into my '70, using a Weiand X-celerator single plane intake with a Holley Street Avenger 770 carburetor, but when it got cold, the choke would come on and cause the engine to idle up FAR too long, so I decided to use the Explorer intake and convert it over to EFI.
There are a LOT of things to consider when doing this swap . . . most of it has been covered by other posts or web articles.
I went with an external pump, and am going to switch over to the in-tank pump mentioned in the Fordmuscle.com articles.
I used a FRPP harness, and then because I am going to upgrade to a stroker, later, used a set of FRPP 39lb injectors and a FRPP 90mm Lightning MAF which required either a chip or something that could control those injectors and MAF, so I purchased a TwEECer and am still fine tuning my engine now.
There are lots of little "gotchas" along the way . . . research well, and you'll be prepared for them.