I would think twice about why you want to take the car to bare metal. If the paint is just dull, and you have a few dings, it would be a lot easier and just as good to sand the car with 100 grit, apply epoxy primer, filler primer, wet sand with 400, and paint. My car was flaking, and full of big chips. In that case, it was best to go bare metal. It's a lot more work. I'm using Aircraft Paint Remover.
Media blasting is the best way, but can be a bit expensive. Aircraft Paint Remover is some nasty stuff. Sanding takes a long time & can get expensive also. Don't strip unless you have too, because of bad paint. If you strip you'll probably find bad stuff that you didn't wanna know about your Mustang!
Lancaster, South Carolina
66 Coupe, 302, Auto, 3.25 gears. [color:red]Candyapple Red</font color=red> with White Pearl Stripes. Cragars. http://web.infoave.net/~ronniek