I can't really offer any help, but the same thing did happen to me (although my check engine light did not come on -- it might have something to due with the '95s using a mechanical speedo cable). The Ford dealership didn't want to touch it, so I took it to a transmission shop who worked on it for over 3 hours. They were never able to get the remains of the old VSS totally out, but did get enough of it out to install the new VSS. This is evidently a fairly common failure mode. If you look at the new VSS, you'll notice that the shaft is made of brass. The shaft that is still in your tranny is made of plastic. Ford must have realized this problem at some point and rev'ed the part -- but I guess this isn't safety related so it is not covered under any recall or warranty.
Last edited by andy95se; 02/11/04 03:23 AM.