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Yes, the Fox body, like the F-body, does have some inherent flaws. But for road racing , these flaws can be overcome. For a street car, just adding aftermarket lower control arms can solve most of the problems (rear bind)and for the street that is usually enough.
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errnn.. wrong..
The fbody is far superior in the number and type of flaws. (specifically with the ability to better rear locate the rear axle, and on the newer models to better control dynamic camber up front). but neither can be overcome ultimately.. the fbody makes a good budget racer.. the mustang just means your different.
Lower control arms wont solve the problems.. its an inheret issue with binding at the shock mounts.. that isnt solveable without custom mounting a pan hard rod or watts link.. neither are cheap or easy.. Thats the way most of the good mustang guys will go.. but ultimately it would never compete with a corvette with even half the money into it. And dont get me started on the multi link.. which is so bad road racers go back to the solid axle on the cobras.
The mustang is not a handler.. want more proof.. notice the new mustang suspension is almost an exact copy of a third gen camaro suspension and far superior to this generation..(step up.. but not where it needs to be)
Griggs website has a good discussion of many of the mustangs fatal flaws.:
http://www.griggsracing.com/suspension.html
Also try cornercarvers.. most of our members are mustang guys but will tell you straight up that it isnt the best choice, the the camaro even is far superior.. and then will go off on qudra bind and such.
It isnt a knock about ford.. just realize how old the suspension system on last mustang actually is.