Hey guys, I was doing a once over of my SVT and I found a strange electrical connection. I was wondering if you guys could take at look at it and tell me what the heck it is for?

http://img23.imagevenue.com/img.php?loc=loc24&image=834_PB050137.JPG

http://img108.imagevenue.com/img.php?loc=loc24&image=26d_PB050140.JPG

http://img20.imagevenue.com/img.php?loc=loc24&image=cf1_PB050141.JPG

I also found a connection hanging below the engine compartment. I am worried that it may get caught on something while driving and get damaged. Could you also take a look at it and tell me what it relates to?

http://img103.imagevenue.com/img.php?loc=loc24&image=173_PB050145.JPG

Thanks for your help.