if your like most mustang modders, you will end up doing it over if you cheap out the first time.
my 5-lug stuff cost me 750 + a few small things. i waited and scored the m2300 kit upgraded for that.
make sure you can live with your axle choice.. ranger axles = stock width. 94-98 axles = .75 wider per side. i got those axles with my kit, and running a 9" rim with any decent sized tire was a BITCH.
if you pick up one of those ghetto 300 dollar kits, imo, id just leave it 4 lug. cause you can run a 5-lug rim, but the choices are so minimal if you want a center cap. then if you go to run any of the good brake setups, you swap it all over again.
go to the junkyard/ebay/forums, get some sn95 spindles and stock gt brakes, then pick your rear end setup.. drum, disc, then axle length. atleast leave yourself the option to upgrade later without being a nightmare.