Howdy Barts110:
Welcome to the journey. You '80 200's performance will be hampered by a couple of things FoMoCo did to improve epa stats and economy. Such as retarded cam timing, lowered compression, an unusually restrictive dual catylitc exhaust system, an electronic feed back carb and ignition. You didn't say which tranny you have. That will matter to. Also these cars came with a uselessly high rearend gear ratio. It's likely your Mustang has a 2.79:1 rear end ratio. All of these inhibitor to performance can be remedied, but it is not simple or cheap.
1st know that your 80 head may be the best available. What is the casting number? It is on the intake log behind the carb. What is the casting # on your junker head?
Switching to a Carter YF carb from a 300 may help, but they require special tuning to get them to run right on a 200. Clearly, your stock Holley #1946 is not a performance carb. You might get a nice improvement in driveability by finding and adapting a Carter YF from a mid to late 70's 200, or better yet a 250.
Start by looking for a cast log exhaust manifold from a late 60's 200, or, better yet, start saving for a set of headers. Then build a performance exhaust system using at least a 2" pipe diameter and a performance turbo type type muffler.
Next try to locate a rear end with a 3.00:1 or 3.27:1 ratio and swap it in place of your 2.79.
The fixes for the head and cam timing will require disassembly and rebuild. let me know when you're ready for details. If you haven't already, read the sticky post at the top of this forum.
Enjoy.
Adios, David