regards the insulation...a product like dynamat IS part of the the answer...!
I found a very similar product that I'm going to try its called EZ Cool.
It's is a 3/16" closed-cell polyethylene foam core with 99% pure polished aluminum facings on both sides. The good thing is, its cost a 4' x 10' roll is only $ 31.50. The web site shows a good installation!
Check out the pics of this install!
http://www.lobucrod.com/newinspics.html
I agree that "doing" the underside of the hood would look SSSSlick.
This installation of insulation is a good reason to make the old, turned around Dodge hood scoop operation by
cutting louvers in to the hood underneath where the scoop is attached! it might even help with the ambient heat from the bigger, HOTTER motor. It might help with lower engine temps when coupled witrh the two "pusher" in front of the radiator.
Flipping the IAC I think would mean rotating the tb 90 deg. toward the passenger side...that might work! I think gthe engine bay would be neater and look better with the tb and IAC rotating! The cables could be a problem...hell, they're a problem in the stock location.
I wonder...would the mustang tb and cables work on the '97 explorer 5.0L
motor? Could they be modified to fit? Perhaps it's a bracket location thing!
I'll get the IAC replaced and the insulation done and see how it looks. It needs to perform good AND look good!
I'll report on the outcome.