All V8 Mustangs had the "quick change" rear. I'm told professionals at the strip could change it in a half-hour. I've never seen it done in less than an hour, though. Of course, that was on the lift in a shop, not at the track under pressure to get it done quickly.
Essentially, you jack the rear of the car, pop the wheels and drums, pop the axles, drop the driveshaft, zip the diff bolts off, drop the diff, pop in another diff, zip the bolts, squirt in the fluid, stick the shaft back on, slide in the axles and drums, zip the wheels on, done. Couple three guys with air tools and all the right sockets on them could do it.
Such a superb design you could look under Chebbies and find a Ford rear. Probably still do.