I am seriously considering doing this swap soon and wanted to compile all the information out there into one thread. If i pull the trigger on this I will make this into a "how-to" thread as I do the swap. I found a 96 explorer in the junkyard with the 3.73 limited slip and only 100K on the odometer so seriously tempted to go get it for $250. Just need a pick up truck and a friend 
This is the best thread out there that I can find about the swap:
https://www.vintage-mustang.com/threads/8-8-rear-end-in-71-mustang.1188868/
Good info here:
https://www.therangerstation.com/tech_library/Explorer8_8.shtml
and here:
https://www.therangerstation.com/tech/ford-8-8-inch-rear-axle-history-and-specs/#gsc.tab=0
The current thought is to use an adapter on one side to get the correct length as opposed to pulling the axle tube and swapping axles.
For anyone who has done this, I will take any tips, tricks, or advice from your swap!
EDIT: I pulled the trigger on the swap so I am going to use the OP as a spot to keep a parts/price list, measurements, and to-do list so it is easily found. My Mach is factory power brakes so I need to upgrade the master cylinder and add a proportioning valve whereas those with manual brakes may not have to do this.
Parts/Prices:
Junkyard 8.8: $300 with brakes (would have been $250 without brakes)
Leeds Master cylinder and Proportioning Valve: $360
1.5" Wheel adapter: $45
Spicer 1330 U joint: $23
All new brake parts (except calipers) from Rockauto: $172 shipped
Spring perches: $38 shipped
E-brake adapter: $33 Shipped
Fluid: $50 (ballpark)
Total: $1,071
To Do List:
As mentioned above, I have factory power brakes which makes the job slightly more involved and expensive if wanting to be done "correctly"; this will require upgrading the MC, booster, and adding a proportioning valve.
If you read through the older mustang forums, a lot of owners will actually pull out the driver side tube of the axle assembly and have it shortened to have it fit early mustangs. As our cars are actually wider, the same concept could be applied to our cars and have the passenger elongated. That would require buying 2 complete rear ends assemblies and having a shop do a lot of work for you. I have decided to go the budget route and just use an adapter on the passenger side to get it "good enough". I will post measurements below.
-Clean axle and cut off all stock perches and mounts
-Weld new perches to achieve ~3.5* pinion angle
-Weld axle tubes to prevent twisting
-Fabricate/modify spring plates for shock mount
-1.5" wheel adapter on passenger side
-Install 8.8
-Verify correct driveshaft length
-Replace brake components
-Install new master cylinder, booster, and proportioning valve
-Bleed brakes and enjoy!
Measurements:
71-73 axle width: 61.25"
71-73 spring perch width: 43" (center to center)
91-01 and 01-03 explorer/sport trac axle width: 59.625
-with 1.5" adapter = 61.125"
New spring perches should be welded 21.5" out from center of axle assembly or 9 1/16" in from WMS
Pinion angle should be ~3.5*

This is the best thread out there that I can find about the swap:
https://www.vintage-mustang.com/threads/8-8-rear-end-in-71-mustang.1188868/
Good info here:
https://www.therangerstation.com/tech_library/Explorer8_8.shtml
and here:
https://www.therangerstation.com/tech/ford-8-8-inch-rear-axle-history-and-specs/#gsc.tab=0
The current thought is to use an adapter on one side to get the correct length as opposed to pulling the axle tube and swapping axles.
For anyone who has done this, I will take any tips, tricks, or advice from your swap!
EDIT: I pulled the trigger on the swap so I am going to use the OP as a spot to keep a parts/price list, measurements, and to-do list so it is easily found. My Mach is factory power brakes so I need to upgrade the master cylinder and add a proportioning valve whereas those with manual brakes may not have to do this.
Parts/Prices:
Junkyard 8.8: $300 with brakes (would have been $250 without brakes)
Leeds Master cylinder and Proportioning Valve: $360
1.5" Wheel adapter: $45
Spicer 1330 U joint: $23
All new brake parts (except calipers) from Rockauto: $172 shipped
Spring perches: $38 shipped
E-brake adapter: $33 Shipped
Fluid: $50 (ballpark)
Total: $1,071
To Do List:
As mentioned above, I have factory power brakes which makes the job slightly more involved and expensive if wanting to be done "correctly"; this will require upgrading the MC, booster, and adding a proportioning valve.
If you read through the older mustang forums, a lot of owners will actually pull out the driver side tube of the axle assembly and have it shortened to have it fit early mustangs. As our cars are actually wider, the same concept could be applied to our cars and have the passenger elongated. That would require buying 2 complete rear ends assemblies and having a shop do a lot of work for you. I have decided to go the budget route and just use an adapter on the passenger side to get it "good enough". I will post measurements below.
-Clean axle and cut off all stock perches and mounts
-Weld new perches to achieve ~3.5* pinion angle
-Weld axle tubes to prevent twisting
-Fabricate/modify spring plates for shock mount
-1.5" wheel adapter on passenger side
-Install 8.8
-Verify correct driveshaft length
-Replace brake components
-Install new master cylinder, booster, and proportioning valve
-Bleed brakes and enjoy!
Measurements:
71-73 axle width: 61.25"
71-73 spring perch width: 43" (center to center)
91-01 and 01-03 explorer/sport trac axle width: 59.625
-with 1.5" adapter = 61.125"
New spring perches should be welded 21.5" out from center of axle assembly or 9 1/16" in from WMS
Pinion angle should be ~3.5*
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