I think your asking which is cheaper the ford crate engine or to have a machinist/ engine shop rebuild yours to an equivalent hp and tq level. Cheaper to have a machinist to do it, usually, all depends on the shops in your area.
You might consider looking around the different mustang website and classifieds. You would be suprised at what you can find.
www.corral.net
www.stangnet.com
www.carbdford.com
www.50tech.com
If gas mileage isn't a concern and you want more power, instead of a 302HO, how about a 351w? Most people on this board use the stock efi, get a 351w lower and upper intake, and move all the efi and fuel rails on over. The speed density is batch fire so the 302 computer works just fine as is, as reported by those who have done the swap. Something to think about