I agree about the brakes. I'm surprised that nobody has really mentioned them yet because I think they're pretty awful... very little stopping power and hard to modulate. I don't think they're acceptable for any car let alone a modded 5.0. I'm looking into inexpensive upgrades while I save up to go 5 lug.
My philosophy with an older car is always to upgrade what's broke or needs attention first so the car is reliable and in good stock shape before mods are done. On my '90 GT that means a complete tune up, valve cover gaskets, door seals & hinge pins, then an aluminum radiator, electric fan, adjustable tie rod ends (bumpsteer kit), temp gauge and probably a 130 amp alternator since these areas all need attention. And this is considering my car is in better than average condition from what I've seen out there.
I'm used to a good handling car so after that I'll probably do subframes, springs and C/C plates.
Once all that's done I'll probably be more than ready for more speed and do headers, pulleys, CAI and gears. Luckily I'm used to much slower cars so I can be patient with a stock 5.0 for a while.
Then I'll probably leave it alone while I save for all the 5 lug parts and a blower.
Luckily my car came with an exhaust and H pipe; and I have a nice stereo setup from my old car, otherwise I'd be very tempted to do those right away. Of course the very first thing I did after getting my car though was to detail the hell out of it inside and out. Now it looks 100 times better although I still want to borrow a d/a buffer and go over the paint more throughly. I can't stand seeing a modded car with unwaxed paint and a filthy interior.
My philosophy with an older car is always to upgrade what's broke or needs attention first so the car is reliable and in good stock shape before mods are done. On my '90 GT that means a complete tune up, valve cover gaskets, door seals & hinge pins, then an aluminum radiator, electric fan, adjustable tie rod ends (bumpsteer kit), temp gauge and probably a 130 amp alternator since these areas all need attention. And this is considering my car is in better than average condition from what I've seen out there.
I'm used to a good handling car so after that I'll probably do subframes, springs and C/C plates.
Once all that's done I'll probably be more than ready for more speed and do headers, pulleys, CAI and gears. Luckily I'm used to much slower cars so I can be patient with a stock 5.0 for a while.
Then I'll probably leave it alone while I save for all the 5 lug parts and a blower.

Luckily my car came with an exhaust and H pipe; and I have a nice stereo setup from my old car, otherwise I'd be very tempted to do those right away. Of course the very first thing I did after getting my car though was to detail the hell out of it inside and out. Now it looks 100 times better although I still want to borrow a d/a buffer and go over the paint more throughly. I can't stand seeing a modded car with unwaxed paint and a filthy interior.