I am not doubting what you are saying but remember I work for (not so much now...im lazy) a Mustang shop. Some of the slowest cars to ever grace our shop have been 94-95 Cobras. Their processors are horrible. The GT-40 heads are mediocre at best. I dig the roller rockers. The processor is calibrated to the 24lb injectors so that means an injector swap is not as easy as merely changing out a MAF meter to match the injector size. This makes tuning a car with more agressive bolt ons impossible. My good friend has a 95 Cobra. When our cars had the same mods (he even had more mods than me...including drag suspension) and both motors were stock I would kill him so badly it was not even funny. And he had a big bad Cobra. Woo. Anyone who really knows the computers well in the 94-95 5.0Ls will tell you what I have told you. They suck. Cobras suck worse than the GT computers. These are usually the limiting factor in the vehicles performance. Once a swap is done the cars can actually perform. 20-25 hp difference between Cobra and GT is not much. I can make that up in driving alone.
Drive it like its stolen.
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Mustang Focus A-10 F350 NSX IS300 M8 Testarossa Accord Type R WRX Subaru and a whole bunch of other cars I dont have.