Hello,
Sorry for the lateness in this response .... very busy of late. Yes, it has been resolved and long story short it was 90% wheel balance and 10% Pittman arm. Keep in mind I have had the wheels balanced at least 3 times by reputable garages with modern equipment. I took the Mustang to a smaller garage owned by the mechanic who has been wrenching on cars for many years and does a fair amount of work on drag cars and muscle cars. He currently races a 41 Willy's dragster. He took my car for a test drive and immediately said, " pretty sure it is wheel or tire related, probably wheel balance. My Mustang has brand new Cooper Cobra's, which by the way are excellent tires and much more reasonbly priced than Radial TA's. Also have Magnum 500 wheels, the right front is brand new as the one it replaced had a wobble in it. Magnum 500's are great looking wheels but are also two piece and as such are more prone to wobble and balance issues. I have seen this on other sites and heard the same issues from other owners. I ordered a new Magnum 500 from Jegs and when it showed up they checked it for balance without a tire and told me to return it as it was out of round. I then ordered one from Coker which they spun before they shipped it to make sure it was okay, It was.
There are several manufacturers that produce Magnum 500's ... the two bought were made by Vintiques and the second is Specialty Wheel. When the mechanic put my car on the lift he checked all the front end components and found that they were all fine and that the alignmnent looked good, he did comment that the Pittman arm had a little play and should probably be replaced, not a safety issue, but would tighten up the steering al little. He still thought the balance was the main issue. He then commented that some of my wheels had excessive amounts of wheels weights stuck onto the inside of the rims. NO weights were installed on the outside of the rim. He advised that generally speaking you can not get a good wheel balance without placing weights on the outside of the rim. He understood why owners don't want to do this as they want there nice rims to look clean and free of weights but that contributes to poor wheel balance. He adivsed that if you don't place weights on the outside of the rim you are really only balancing half of the wheel. This is magnified especially on two piece wheels since there can be variances between the two pieces of the wheel.
He re-balanced all wheels and tires, placing the correct weights on the outside of the wheels and we went for a test drive. I could immediately feel an improvement sitting in the passenger seat and he did also while driving. I would say the overall improvement to the vibration problem was app. 80-90 % I did have the Pittman arm replaced which tightened up the steering and made the handling feel a little better. In my case I am certain that the problem all along was wheel balance.
If you get two piece wheels or mroe specifically Magnum 500's I would recommend doing some research to see which manyfacturer makes the best quality wheel and get them checked before they ship. Coker was very good about this at no extra charge. There you have it, something as simplet as wheel balance. Hopes this helps ! and thanks for all the input on this and other issues I have posted .... this is truly an amazing site !!!