'There is a product available at Lowe's, probably also at Home Depot, called Peel and Seal. It comes in a 6" x 25' roll. Same exact stuff as Dynamat. I think it was only about $10 a roll though. Its a self adhesive rubber/polymer/asphalt sheet with an aluminum facer on it. I put it in the roof and doors of my 65 F100 (a.k.a. the tin can), and it worked great.'
302 is right, if your looking for a cheap way out. Many companies are repackaging products such as peel 'n' seal. What I can tell you is that it's an asphalt polymer sheet with many of the properties that the mustangs' deadener originally had with the addition of the adhesive and mylar/foil facing. Asphalt based products are old technology and do have some effect on deadening. The product 302 refers to will achieve some of the desired effect, however in the car audio industry it is known for peeling off doors and roofs due to poor adhesion properties in high temps. Second skin, dynamat and several others have addressed these problems and developed new compounds which are more efficient and at deadening. Several of these products have been adopted for commercial and military use.
As I think I mentioned earlier, there are deadening products and absorbing products. The deadeners slow down the transfer of sound, while the absorbers do just that, absorb certain frequencies. Together, you could make make your classic almost as quiet as a new Mustang. Depends on the end result you want. The liquids are great if you have the car apart because they get in every crack. Two gallons of something like spectrum would cover the interior floorboards and firewall with a couple coats and the result is twice as good as the old asphalt sound deadener. Good luck whatever you use.