Possible Engine/trans Swap Ideas For 1989 5.0 Convertible

Been looking around for options in order to get my old stang running again, and the goals include a replacement engine and an AOD to 5 spd swap.
on a whim I searched 351w on craigslist. Would it be possible to get a 351w and the zf 5spd to work in my car? I understand I"m going to need to the clutch and a bunch of other parts, I'd just like to know if this would be a worthwhile swap to undertake?
The listing:
http://longisland.craigslist.org/pts/3022076697.html
 

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That tranny is short, stubby, and yet bulking in a 'fat' kind of way.
I don't see it fitting.
Picture the T5 as a tall lady with long legs... Maybe Nicole Kidman.
The truck 5 speed is short and fat... Maybe Kathy Bates.