I have a 95 GT and I can't find the ignition module. A friend of mine who races mustangs says it should behind or under the distributor, but it's nowhere to be found at all. My car was built in Nov. of 94. Was there a change from for 95 or is the same setup as the 94?

 

The ignition module is located under the air box on 5.0 cars.

 

They had removed it from the distributor since the heat will eventually kill it. SVOs have this issue so I would carry a spare along with the removal tool. Other option would be to relocate it to a cooler spot. There was a class action lawsuit on this.