Not much experience so far but I got my daughter an 89 F-150 4wd with the 300-6, but it has a "close range" 5 speed with nearly worthless 1st and reverse. You have to use low range to do almost anything delicate like backing a trailer without killing the engine.
The hydraulic clutch "went out", but we discovered it was just a little o-ring leak down at the coupling on the bell housing, that was sucking air back into the system. If the slave cylinder goes out you have to pull the transmission because it fits around the input shaft along with the release (throwout) bearing.
We are really disappointed in the gas mileage, and can't figure out why it won't get 15-18mpg like a Chevy 350 4wd
??
A bunch of crappy stuff has broke, like the windshield wiper knob and the ignition switch linkage. Rather than fix the latter, we took off the collar where the steering column goes into the dash and put a split bolt connector on the push rod so that you can push it down with your fingers/thumb to get it to start. The key switch will turn it on/off but not engage the starter.
Now it's making noises when turning in 4wd - probably one of the knuckle u-joints....
It's hard to figure out what the problem is without getting it up on a rack. Anyone know how to diagnose?
Overall, I guess it's a good old truck but I still prefer the Chevy/GMC. (this is our first Ford) Our 91 Suburban has over 200K miles and the engine & drive train are all still good. The Ford rides nicer with the independent front suspension, but I still like the old straight/solid front axle 4wd for reliability.