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I'm buy a new Mustang, but with this news I'm going to wait and see what else is coming with the V8 Mustang.

Thanks for the replies. It really helped in making my decision.

Not sure what gearing is on the automatic, but the 5-speed has the 3.73 gearing.

First, I have owned Ford vehicles for the last 20 years, mainly SUV's and trucks. Today I test drove the Mustang and have mixed feelings. The first one I test drove was a GT Premium with automatic transmission and have to say I was totally dissappointed with the performance, specifically...