in good shape with valve train. They JUST got replace with a set of GT40 heads on my convertible 2 weeks ago. Could use a cleaning but could be put an a car as is..... $75
The intakes are stock 89 GT intakes that could used cleaned up but otherwise are in good condition. $25
When the heads cam off my car I was told that the motor they came off of couldn't have had more than 10,000 miles on it.
Also if you want a cam from a Ford F-150 'YYY' 302 you can have it for free.