.
It won't work that way. The wiring is completely different at the distributor.
The 94-95 uses a remote mounted TFI module, which is an improvement over the 86-93 distributor. There are kits on eBay to use the remote mounted TFI with a 86-93 5.0 main wiring harness.
EDIT: I couldn't find the kit on eBay, but here are some other sources. Contact them first to make sure that the kits are compatible with the 94-95 distributor.
McCully Racing Motors- We have exactly what your over-heated TFI Module
Needs!
:: FatFoxx ::
diagram courtesy of Tmoss & Stang&2Birds