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Hey,
I have a '92 F250 4x4 with a 5 speed and a 460, it had 150,000 miles on it and I have put 10,000 of those on it, the only thing that has gone wrong in that time is the clutch went out last month. If you are going to use the truck like a truck then skip the 4.9/5.0 and go for a 351, much better torque and more drivable with a load. I have driven E350 vans with the 5.0 that cant get out of their own way, 351 pulls just about anything. Depending on the year you may need to stay away from the 4 speed autos as well, some of the earlier ones had the electronics in the box and died on a regular basis due to heat, the C6 3 speed auto is bulletproof, I had one in my old truck, and the 5 speed is awsome, in '95 it was upgraded to a stronger unit. Basically if you take care of these trucks they just don't break, except for the fuel pumps.
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