yes you can and there is no modification needed....if you plan on adding perfomance parts in the future this will be a good time get a forged bottom end (rods, and pistons) you can check them out at supersixmotorsports.com
Ford makes a 3.9 that is a v8 has, dohc, and 4 valves per cylinder which is rated at 280 hp. Its a custom swap and costs a **** load. I was thinking about doing it, its quite expensive to do.