The explorer serpentine front dress is way shorter then the mustang setups the PS pump pullies will not interchange
Ford engine management Holley makes a nice stand alone ECM the terminator, they even make one that can control the 4r70w automatic along with the explorer gt40 5.0, can work with the factory DIS ignition as well
The explorer computer can work also, I have put explorer 5.0 drivetrains into all sorts of trucks at the end of the day there are about 16 wires that interface with the vehicle side of things. You can always have the auto trans functions tuned out. This would by far be the cheapest option.
I MIGHT have a water pump pulley I can let go I will have to go look see, the pulley comes off of the pump with 3ea 10mm bolts?? Its the hub that the pulley bolts to that requires a puller (unless my brain is failing me?)