Although there are some people who are fans of the Mustang II, most car nuts do not have much love for them. Consequently, they have very little resale value, and as mentioned above, with the 2.8 they are even less desirable. Ford did make some Mach I and Cobra models I think, with 302's but these are somewhat rarer.

Don't waste your time and money on this swap. First of all, it is not just a bolt in, because you will have to change engine, trans, driveshaft, radiator, and all the mounts and brackets to ones compatible with the 302. Major job and not cheap. Find a clean one on Ebay with the 302 already in place and you will come out better.

I know you love her, but don't let your heart rule your head in this project. The car will never be worth much at all even with V8 power. They are the Rodney Dangerfield of the Ford lineup. (boy I'll catch heat for that remark)

Don