i just copied this from their site. i requested more info and will post it once they respond.
thanks, jay.
"The Engine Tick
Any 2003 Cobra that was built before December 2002 may develop an engine tick. This will happen regardless of modifications, and is due to cylinder head design. Ford made an error in the head design and placed the exhaust ports too close to the coolant passages on one of the castings. The heat from the exhaust port causes the coolant to heat up in that region of the head. The excess heat causes a valve seal problem and eventually that tick will get worse until it burns through. If the problem is not rectified, it may spread to other cylinders in that head until there is complete loss of compression on that bank. While this isn't something to be too concerned with, if you have a pre-December '02 engine, we would make sure that you have this problem addressed before your warranty expires. Ford has issued a replacement casting for that cylinder head and there is a TSB on it. E-mail us if you would like more information."
thanks, jay.
"The Engine Tick
Any 2003 Cobra that was built before December 2002 may develop an engine tick. This will happen regardless of modifications, and is due to cylinder head design. Ford made an error in the head design and placed the exhaust ports too close to the coolant passages on one of the castings. The heat from the exhaust port causes the coolant to heat up in that region of the head. The excess heat causes a valve seal problem and eventually that tick will get worse until it burns through. If the problem is not rectified, it may spread to other cylinders in that head until there is complete loss of compression on that bank. While this isn't something to be too concerned with, if you have a pre-December '02 engine, we would make sure that you have this problem addressed before your warranty expires. Ford has issued a replacement casting for that cylinder head and there is a TSB on it. E-mail us if you would like more information."