Does it shudder only when shifting under a heaveir throttle?
Does it make a "chchchc" or "pspspspst" sound?
My bud about freaked out when his '01 would dump boost under hard acceleration after his chip install.....He was running a generic chip.....
What color is the fuel filter and fuel in the bowl?
As far as the chitty fuel mileage/performance, there is a micro mesh screen on the outlet side [drivers] side of the fuel filter assy, on the block with a schrader vave...place a white paper towel under best as you can---remove the 2 bolts [10 mm head] and gently seperate.....there will be a small o ring and the screen that is prone to being plugged with trash--- the reason for the paper towl is so if the screen or seal ring falls out, you will see it and not loose them in the "valley of death"
once you do that,remove the schrader and connect a mechanical oil pressure gauge...needs to be around 65/75 psi at high idle---just like those "Driptroit Greasels"
...I was a field tech with them for 14 years--hi perf marine and gen tech.
i am a detriot diesel mechanic, but not good with the HEUI fords.
These are not much if at all different than the DDEC....in the series 60's.