Its been forever since I posted on here(sold my one project car, but about to buy another 66 coupe next week). Anyway, in the time since I sold my last mustang I bought a 91 Miata I drove for a few months...and they of course handle extremely well...but more importantly the whole IRS system is based on a cradle that bolts to the chassis with 4 bolts...the control arms(upper and lower), carrier, etc. Obviously the miata carrier isn't sufficient for a torquey v8 or even a built inline 6, but the cradles are easily modified to hold a Ford 8.8 IRS from a T-bird or Explorer, or Cobra(I actually have a Ford 8.8 mounted to a spare miata rear cradle right now). With the Miata track width being 56.2" and the 65-66 Mustang being 56" it makes it a very appealing option. Miata hubs can be swapped for T-bird/Cobra hubs with minimal modification(though the 5 lug bolt pattern on the T-bird hubs needs to be redrilled to 5x4.5, whereas the far more expensive Cobra hubs already have the right pattern).
The only real problem I see(aside from cutting down an re-splining whatever CV axles best fits the carrier/hub combo you choose(Moser does this for a little over $100 an axle if I remember correctly)) is the physical fitment of the cradle in a mustang chassis(mostly shock mounting and whether the thing will fit in the space meant for a solid axle). Anyway, purely theoretical discussion...practical option? maybe with a shorter strut assembly?
The only real problem I see(aside from cutting down an re-splining whatever CV axles best fits the carrier/hub combo you choose(Moser does this for a little over $100 an axle if I remember correctly)) is the physical fitment of the cradle in a mustang chassis(mostly shock mounting and whether the thing will fit in the space meant for a solid axle). Anyway, purely theoretical discussion...practical option? maybe with a shorter strut assembly?