Easy to say. Yours is stroked and poked with a full top end and stuffed into your car of choice. Of course you're not going to trade it for one of the above mentioned....
...now, what it if your choices were a wheezing 215hp E7TE 302 wrapped in an SN95, an early wheezing 215hp 4.6L in an SN95 or a later 260hp 4.6L in a New Edge?
Well, if the engine in question was already in a new edge, it wouldn't make any sense to swap in an older pushrod 302 would it? I mean I know people have done it, but it's stupid unless you're building a race car and already have big money into a pushrod engine. This question is different for a person who already owns a Fox, because it makes more sense to swap in newer engines into an older car than it would to swap older engines into a newer car.
The lighter, the better.
breaks... Ha ha. I have learned the hard way. I am lookin for a 94-98 cobra within 1,000 miles of Utah. I have not seen one 94-98 cobra in the valley of 40,000, I am on a mission, and I will succeed.