Yeah, it's not that bad. Like the others have said, there have been worse.
The graphics and quarter window louvers gotta go. The Bullitts are marginal (I'm not a fan of Bullitts on a Cobra). The interior isn't too bad...the steering wheel is a bit much, as is the silver-faced head unit and e-brake handle. I kinda dig the painted "Mustang" script above the glovebox...I wanted to do that with mine but not quite that silver. Maybe a bit darker so it matches the HVAC stack bezel that's painted in the IUP.
Other than that, it fortunately doesn't have Altezzas, oversized wings, or oversized wheels...I don't think I'd consider this "rice" per se.