Jack:
I also have a soft spot in my head and heart for that body style. In 2002, I was fortunate to find a 1997 GT convertible with 44K for my younger son. It has the 4.6 with a 5-speed, tan leather, and metallic red. In the fall of 2003, he began his studies at Arizona State University in Tempe, and left the GT behind. On the Friday before Presidents Day 2004 (come to think of it, 6 yrs. ago tomorrow) we set out to take the Mustang out to him, leaving Zanesville and heading west on I-70. This was really an adventure for us, as I had never before been west of Indianapolis behind the wheel. We made it to Chandler, Oklahoma (on I-44 between Tulsa and Oklahoma City) the first night. We were back on the road at 6 a.m. Saturday, getting a fast food breakfast in OKC, lunch in Tucumcari, and dinner at the Sonic in Winslow, Arizona, and made it to Scottsdale before midnight. We flew back to Ohio the middle of the following week, leaving the car with our son.
At the end of the 2005 and 2006 school years, I was fortunate enough to be able to fly out, and drive back to Ohio with my son for each summer. The first year, we drove through Sedona and did the pink Jeep tour, stayed in Albuquerque the first night, and Lebanon, Missouri the second night. Taking the trip over three days is much preferable to the 2-day mad dash west in 2004. In 2006, we only made it to Gallup the first night, and Tulsa the second night.
The real hoot about the drive is that between Flagstaff and St. Louis (more than half the trip), the interstates follow old, historic Route 66. On the trips to Ohio, the back seat and trunk of the GT was filled with the stuff my son was bringing home. On the trips, the 4.6 never missed a beat and got us well over 20 mpg. The trip is just under 2,000 mi.
My son stayed in Arizona after his 2007 graduation, still has the GT, now in his own name under AZ registration. It is his daily driver, and just turned over 107K. He has made a couple of minor upgrades to the GT including aftermarket wheels.
Whenever I see a GT convertible in that body style, I smile, at least inwardly. Your GT coupe is a very nice example, but it sounds as though you are not planning to keep it long enough to make any memories of your own.
Jerry