Absolutely the 5.0 comes out with the transmission.
Radiator, harmonic balancer, upper intake,the transmission oil fill tube, front cats and FEAD need to be off.
The right side of the FEAD needs the belt tensioner off to get to the 4th bolt that holds the bracket on but the alternator can stay on the bracket.
With care, you can leave the p/s pump, it's hoses along with the a/c compressor and it's hose on the left bracket when you remove, only 3 bolts. It'll be a bit heavy and awkward but very manageable.
Best to remove the power cable for the starter along with it's two brackets at the front of the engine.
Helps to pull the steering shaft (2 bolts) and the a/c evap air box (4 bolts and a vacuum plug)
An adjustable engine leveler is pretty much essential as you've got to drop the transmission way way down.
On one removal the right exhaust flange snagged the aluminum heat shield on the air box and bent that (I'd left the air box in place). Without doubt, the more room you can make, the easier it is to remove.