They have every right to be worried about gas mileage. And no they dont need to take it back and buy a geo. This is a Mustang GT, not an expensive special edition or a Cobra. This is the entry level, performance on a budget, every man's sports car. The daily driver of sports cars. MOST people will buy this car as a daily driver and gas mileage it most certainly a concern with these cars so far. Many people have reported getting worse than the advertised mileage, and the advertised mileage is nothing to get excited about in the first place. I personally attribute this to Ford wanting to make sure the car performed up to the level of the hype, hence the 3.55 rear gears and very stout tranny gears. Good for performance, not good for mileage!
My advice is to wait and see the results from some who have already done the exhaust and see of they are maintaining, gaining, or losing gas mileage.
And don't listen to those who tell you to sell the car back and get a geo. It's a $25k sports car, not a Corvette. I am really disappointed with the mileage and hope Ford can improve on it over the next few years. Do you think Ford will every put a 6spd manual in the GT?