I love North American engineering. Do what I do. You can use an SUV Jeep 4.0 or F150 4.9 Big Six accessory drive
The three step plan is to fix
1.the waterspace limitations by EWP pump
2.the wind rush requirements by thermo fans
3. the space limitations of the accessory driver by a proper, cheap serpentine drive.
I'm sure Ford would have done it the way the 4.9 was if the 3.3 and 4.1 had made it past 1983 and 1981.
Even the related front drive HSC 2.3 and 2.5 system can work if you do a further step and remove the distributor as well as the water pump.
Realize the the US 4.9 EFI accessory positions are best.
Even if you have an old 250/4.1, (which from 1975 to 1981 had started changing the Air pump and air conditioning units to the right hand side) or 200/3.3, the 4.9 F150 accessory drive positions still suits any 200 or 250
best. It's a landmark of friendly simplicity, its thin, and it allows you to run twin Fox Modular Mustang style thermo fans so you can get the required wind rush.
You can keep the alternator in the stock late 200/3.3 1978-1983 Fox Ford positions, with the power steering on the lower left, but use the F150 4.9 a/c unit or idler as a tensioner, and the and air conditioning bottom left and air pump on the right.The US 250 used to high mount the air pump on the right. If the air pump goes right, it makes things easier.
Grab the F150 EFI 300 Big Six 4.9 accessory drive, and make it fit the 200 or 250.
They got it all sorted. Its the best engineered piece around. Ford got it rolled out in late 1978 for the 79 Mustang 302, and it never looked back.
Any one can make it work, and its fun
http://www.youtube.com/watch?v=zIu00kMkzmI
You don't even need a reverse water pump with a Davis Craig electric pump.