I put a Powermaster 100 amp (GM style) alt on my Mustang. It's set up to be a one wire or a 'three' wire.. I have it as a 3 wire...
I only have a single v belt pulley on it (that's what it came with) and I haven't had any trouble so far. I was considering changing it to a 2 groove since I have a 2 groove pulley, but it is a little smaller diameter...
I didn't really notice any drag (but this is on a 302), although I can say it does feel like it runs better (probably due to more voltage to the ignition, MSD 6A). With the stock Ford alt (60A) it was putting out less than 13v at idle, now it's 14.5 no matter how much stuff I turn on!
I got it from Summit, they had a sale on them in Mar/Apr, they were $10 cheaper...
http://store.summitracing.com/default.a ... 2&x=9&y=11
That's still not a bad price for a 'new' alt, not some reman crap. By comparison a 'new' Alt at Autozone (63 amp Delco) is around $85... I'd rather have the Powermaster myself.
But I should say it's not 100% bolt in since it's a GM style, you'll have to drill out the top bolt hole to the 7/16" bolt size, and I drilled the bottom hole out to the 3/8" size and put a heli-coil in it. And you will probably have to add or make your own spacer since the GM case isn't as thick as the Ford one here. Most of the auto parts places sell a 'universal' bolt spacer in the HELP section that you can cut to fit. Or you might be able to find another one off another Ford in the junkyard...