Synthetic oil can take extended drain periods just fine. All you have to do is change your filter and top off every 3,000 miles. IMO, I would NOT do extended periods on the filter.
I have done this on 2 other Mustangs, an 86 GT which went more than 10 years and 200K miles, and 98 Cobra for 50K miles (then traded it for the 03). On the other 2 cars, I used Castrol Syntec on the 86, and Mobile 1 5W30 on the Cobra. On the both cars, I changed out filter every 3K and full oil change every 12K.
I plan on doing filter every 3K and full change every 12K with the Amsoil, and I'm switching to Amsoil filters at my first filter change.
IMO, if you are going to change the oil every 3K, then stay with the Ford oil. If you move to synthetic, then go for the extended drain intervals, just watch those filters so they don't get clogged up.
I have done this on 2 other Mustangs, an 86 GT which went more than 10 years and 200K miles, and 98 Cobra for 50K miles (then traded it for the 03). On the other 2 cars, I used Castrol Syntec on the 86, and Mobile 1 5W30 on the Cobra. On the both cars, I changed out filter every 3K and full oil change every 12K.
I plan on doing filter every 3K and full change every 12K with the Amsoil, and I'm switching to Amsoil filters at my first filter change.
IMO, if you are going to change the oil every 3K, then stay with the Ford oil. If you move to synthetic, then go for the extended drain intervals, just watch those filters so they don't get clogged up.