I can see it now, GT-350M, with FART CANS!!!!!! http://www.m1stang.com/ Can the Daewoo-tona Coupe be far behind?
I know this guy, he shared my area at the Silver Springs All Ford show in January. It's a bizarre looking thing, but people were crawling all over it wanting information. It's almost like an optical illusion, you walk by and see it, and then do a double take because something just doesn't look right. Then you see what's going on. This guy builds these things in his garage, I guess one would have to have that certain "taste" for this, it's sure not for me... For what it is, tho, the fit and finish is surprisingly good, edges and seems line up, hood/trunk align correctly.
That is actually a well thought out Idea. the Miata has a Mustang like Cult Following so it is a natural fit! a Mustang with good gas mileage and can corner!! pretty cool!!
In the mid 90's there was a Miata running around Toledo with a 5.0 fuel injected Mustang motor in it. It was incredibly fast and reminded me of a modern day cobra.(Light car/powerful motor) I do not know how it handled but, it beat a lot of cars with much bigger engines in a straigh line.