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Do a search on this forum, there are a ton of threads about this. The 4cyl to 5.0 swap is easy, but time consuming. Considering you can get all parts from a salvage yard or whatever, it can be done pretty cheap as well. Of course the best way to go is to buy a junked or blown v8 car and just redo the drivetrain. That way all the brakes, suspension and rearend are already there. Good luck!
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92 Mustang GT, 347 Stroker(Forged Steel Crank/Rods-Balanced, Forged Alum Dished Pistons), B50 Block, Track Heat Intake, Twisted Wedge Heads w/ Stage 3 port/polish, 80mm C&L MAF, FMS 30# Inj., BBK AFPR, Trick Flow Stage 2 Cam, Trick Flow 1.6R Rockers, BBK EL-CC Headers, MAC O.R. H-Pipe, Flowmaster Cat-Back, Accufab 75mm TB, MAC CAI, BBK Pulleys, Griffin Alum Radiator, Mark 8 Fan, MSD Pro-Billet Distributor; AOD, Dynamic 3300 L-U Converter, B&M Trans Cooler; 3:73 gears.
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