I had a 66 Monterey a while back that had rediculously touchy brakes, and after a while of playing around, I figured out the booster had a torn diaphram that sealed up when you pushed the brakes. It was small enough that I didnt notice the vacuum leak hissing and didnt really affect the idle much. The brakes were a little hard at first, so naturally you started to apply more pressure to the pedal, at which point the diaphram started to seal, and suddenly you had more assist. The booster on this particular car was a double style (small and deep), and I think the Mustang uses a single large diaphram, so this may or may not be relavent.