Sorry, but F1 still uses traction Control...so your wrong
in my old 2000 the switch stopped working also..never got it fixed, so i pulled the abs fuse under the hood, that took care of it, hah
so which one is the fuse? i just pull it out of the box and thats it?
The button in the 2001-2004 is in the lower radio face plate. The 99-00's had T/C and I think it was the old style switch that 5L5 posted the link to ebay to.

The fuse also disables the ABS. Unsure why you would want to pull it though

nah i dont think so man, i have a 99 and i have that switch
just to clarify, i have a 99 and i have ABS and T/C, AND its the same switch as said switch above, in the position that the defrost button would be in the newer mustangs (01-04).
