it is an m90 right? or is it the m62?
if it is the m90 it should have been the 94-95 with teflon coated rotors, which gave about 20hp more then the 89-93 m90s. the mp2 is about the same as a 94-95 (also called S-port) maybe better by 20hp but the S-port gave a bit more torque.
The MPIII was better then both but had issues with random rotor failures, but when it worked, it worked awesome! and the MPX is just the best out there in the m90 category.
I currently have a supercoupe motor swapped into my 1997 mustang, did this because there was no way in hell I was going to be the fastest V8 wielding mustang owner so I decided to go something more unique. I'm trying to make the fastest stock head and stroke V6 mustang. with the MPX OD 15% and a front mount intercooler and with a cam, I'm hoping to almost make 400rwhp and be running the 11s bracket.
the heads on these cars suck too, another point why the V8 with the GT40s which flow around 190cfm, have such low PSI with the m90 (and the fact it's 2 more cylinders obviously).
If you were really looking to go balls to the wall with that V8, I'll bet my pet rock that a 15% OD MPX, 90mm TB (if possible), FMIC (if possible), a custom cam, would net you 300rwhp. as long as you have the TM headers.