well i have never heard of a ignition module that went bad, then cooled off and was fine again.... everytime i have seen a module go bad the car will die, crank up again then die right back out, then just spin over with no ignition untill you replace the module.
When that happens to you rintin. Did you check for fuel pressure? or spark? maybe u have a fuel pump going out...It sounds like your loosing fuel and when it cranks back up it takes a minute to build the fuel back up for it to start.. just my .02
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Sn95' Tripple Black Cobra
Mods:Heads/Cam/Intake/Exhaust...just your typical stock mustang...