The Gforce gear is supposed to be good for 600 hp and 500 ft/lbs of torque in a 3,300 lb car (early Mustang is about 2,500?) on drag radials.
From what I've read on other forums, the T5 case can flex under high torque, which is what can kill the box. G force make a stronger case they sell, so you'd need that also if you are going to upgrade the internals.
I was probably a bit optimistic with the cheaper comment. I just had a quick look, and the g force internals and case are around 2800aud delivered. Then you need a cheap t5 box and someone to install it all. So maybe 300 for a local t5, and 500 for the labour(not sure on this cost), so around 3600 for the box. The T56 magnum you can get for about 4800 delivered. The rest of the parts needed are similarly priced. The magnum is rated at 700ft lb's of torque, the upgraded T5 will be 500ft lb's. The new T5z's you can buy are rated at 330ft lb's. All of these are conservative for normal street driving.
On that price, I would definitely rebuild a local box with the stronger g force internals than get a new t5z, if you wanted a t5. If you want to future proof yourself(we always want more power), don't mind raising the tunnel, have an extra gear and have the extra $$, go the t56.
Ps. The Ford Cobra T56 I mentioned earlier is rated at around 450ft lb's I believe. It also has a 10 spline input, the same as a t5, which isn't as strong as the t56 magnum input. But for 1800 bucks I'm actually looking at buying one too