I read in Muscle Mustang's and Fast Ford's that the new 2003 Cobra due out this summer is
390 HP/390 Lb/Ft
6 speed
S/C 4 valve 4.6L.
Still sporting the IFS but it now has it's own front fascia/side moldings/bumber/spoiler.
It is making as much torque at 1800 RPM that the 2001 is making at peak.
Should be a pretty tough contender