I tried so hard not to respond to this post, but I can't resist. The '98+ 5.0 is the epitome of Ford's small block refinement evolution -- 35+ years in the making.
My bone stock 5.0 puts down 270 ft-lb at the wheels, gets 22-23 mpg on the highway (avg 70-75mph), 19mph combined city/hwy -- AWD even, came with a LEV (low-emissions vehicle) rating sticker, tows a 4800lb 8ftX93in frontal area travel trailer with ease, and I guarantee will provide 200K of faithful service w/o a problem. Why do I expect that? Because I also have a '94 Cobra 5.0 and previously a '90 GT 5.0, '90 Crown Vic Police Interceptor 5.0, '90 Bronco 5.0, '88 Cougar 5.0, and '83 Capri 5.0. 3 of the aforementioned vehicles had over 250,000 miles when I got rid of them. I would not keep buying them if they weren't so bulletproof.
Which parameter about the 4.0 is better than the 5.0? I haven't even listed all of my previous Fords (351C's, 351W's, 460's, a '72 Ranger with a 490, and a '96 Grand Marquis with a 4.6). Maybe I have missed something about Ford engines over the decades
Anyway, if you're happy, I'm happy. That's cool. I want technical data or specs to back up your claim before I leave the best all-around Ford short block ever produced -- the 302.
You can't even get the 4r70w with the 4.0 -- sad.
Check your 4.0's miniscule performance and durability heritage then read up on the 5.0's march of advancement trough the late 60's and starting again in the mid 80's with E5, E7, GT-40, and GT-40P versions. Peace.