Greg based on what Ron told me a few months ago, I'd say go for it! you could feed my a a aaddiction for pics and document it if you like. And get some more Groove practice too.
I would ask owner if the O2's have been replaced...and a scantool that allows viewing sensor data streams would be real helpful. Seeing the sensor data stream as engine runs, you can watch st/lt fuel trims, O2 sensor values, and whatever that particular tool will do.
I've not done the smaller Fords yet, but all Ford TB's I've seen/done so far have been real easy. IAC's are mounted separately, I haven't modded any Ford IAC's yet. PCV systems-well see what I posted re: the '03 F150 Super Crew 5.4 Triton it was real cute, but I did get it. Based om my own exp. so far, I think Ford's need the PCV mod, the one I just did got stronget throttle response after the PCV mod, before I re-Grooved TB w/ the double Groove.
I'd turn it into a learning and sharing experience.
Tracy G