In addition to that - Santa (okay, UPS) delivered part of the front end:
Yup! That's a Chassis Engineering bolt - in crossmember. I'll paint it this weekend before I put it in storage for the winter... I'm running out of good weather - and I'm afraid it'll be freezing by the time I get the whole front-end rebuilt, and even if I did, I wouldn't be able to drop in the motor yet anyway: I still need to do the clutch, bellhousing, rebuild the transmission, and then I want to give the motor a good cleaning and a fresh coat of paint. Maybe new valve covers, too.
Now I'm waiting on the Mustang II components, and the transmission rebuild kit...