Pin 87 (White w/red stripe) is the Bank #2 front O2 sensor. The "blue wire" refers to the AFC's input for a 2nd MAF (on a dual MAF car) that we use to monitor O2 values. You'll get a voltage from 0 - 1 VDC. For max power, tune to .94 volts at WOT. At idle and cruising, it should oscillate above and below .45 volts (once warmed up).
EDIT: OK, its pin 87 on an OBD-II Duratech. I have no idea what pin to use on a Taurus. And the .94 volts at WOT is also for Duratech only. Your results may vary (especially with a pushrod motor).