exactly. all the calipers for Cobra, Bullitt, etc are the same, as are the rotors. the master cylinder is different for 96 and up, and 94/95, because of the hydroboost system on the 96 and up cars.
for your brake lines, check the flares and make sure they are perfectly clean and straight. a quick shot of brake cleaner to the flares will make sure they are good to go. let the brake cleaner dry, assemble, then use a vacuum bleeder kit to bleed down your brakes, and you should be good to go.
Quick overview of the Cobra brakes on the track. I run a 94 Mustang GT with Griggs K member, Control arms, coilovers, Koni race shocks and bumpsteer kit. the car weighs about 3200# with me and a full tank. it makes 300HP at the tires, so it isnt exactly slow.
well, I never upgraded the brakes, cuz all I did was street driving, and some autoX, which doesnt really overheat brakes. I took the car on the track, and pretty much trashed the stock brake setup, and I was running "premium" Raybestos ceramic brake pads and FoMoCo rotors. utterly toasted. I upgraded to the Cobra setup in front, with the master cylinder and SS brake lines, no more brake fade, even slowing from 120mph, standing on them, envoking abs for 1/2 hour or so on the track. I could even drive home normally, and this is all with the supplied stock brake pads. cant wait to see what it does with R compound pads!! so if you were wondering if the brakes work, the answer is a resounding YES!!