It is not a 100% direct fit. Go to moddedmustangs.com, mustangworld.com There are a couple writeups on there about the 5.4 swap. You will have to fab maybe one or two things. You might need motor mount adapters too. It will be slightly front heavy, and you will be better off taking the stock hood off and using a fiberglass hood. Keep the truck intake.
Also FIND A NAVIGATOR LONG BLOCK AT A JUNKYARD IF POSSIBLE It is DOHC and put out the absolute most torque of any 5.4l out there With the exception of the ford GT, but its close to that one. The stock intake has better torque numbers than any aftermarket intake. The aftermarkets are good for better HP numbers though. Muscle mustangs and fast fords, or 5.0 magazine can get you back issues of some writeups of these swaps.
I have alot of these backissues, I have over 500 old mustang magazines, I will see what I can find too.
Frightening was a badass project, It was the white stang with the cervinis body kit right? i think I have those issues.
If you have any questions ask me, I have alot of stang friends down here, and I have read everything I can possibly get my hands on to mod my 2000 v-6 as well as my future projects. (By no means an expert, but I'm alot better with stangs than with rangers)