I used the AOD driveshaft on my T5 conversion and never had an issue. And yep, you have to move the speedo cable to the other grommet, and route the clutch cable through the original speedo access hole.
I used these exact instructions, and my AOD-to-T5 swap, came out perfectly.
http://www.westcoastmustangs.com/art...ap/t5swap.html
Props to Derick from Westcoastfords.com