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Most anything can be made to work. It depends on how much effort you want to expend to make it happen. The 5.4 is a wide engine, so probably worse-case, you might need to modify the inner fender panels. The other hard part would be exhaust around the steering box.
A supercharged F1! How could anything be cooler? 380 HP, 12 MPG, and a new set of tires every 3 months, I say go for it!
I'm planning on doing the same thing! I'm gonna do the whole Lightning theme also, SVT seats, 2001 Lightning Wheels, Custom F-1/Lightning Badges...
Nothing I've seen makes me believe it would be impossible. I've seen pictures of a 4.6 in an effie, so why not a 5.4 in a F1? I think if you can plan well enough before you start, it can be done.
I found a 48 F1, trying to find a way to pick it up this week! I have an 03 Lightning drivetrain just waiting for me to pay for it! Shoot, I'm almost done! Better hurry!
I didn't, but the seat countours are the same as in some other F150's except for the SVT Logo, I am going to have them reskinned in leather and add SVT logo. I planned on doing a different color than gray cloth and black suede anyway. Thinking about either a dark slate gray leather with black accents like the orginal, or something to match the paint color. I still haven't decided paint color, but I am leaning towards the Dark Slate Gray that was a factory Lightning color. If I go Ford Bright Red, I will probably do a tan leather.
You can always go buy a wrecked or used up lightning and freshen up the drivetrain, use the ECM, harness, seats, badges, etc. That was my plan until I stumbled onto this drivetrain.
I want to also add some styling touches that mimic the L, like adding some height (thickness) to the running boards, adding a roll pan and integral front bumper, and having the exhaust exit before the right rear tire.