I seriously doubt a stock 86-93 5.0 would come in below 3k without driver. Sure, there are a ton of things you can do to lighten them up, but 2.7k without driver is totally unrealistic IMO. I weigh my 89 5.0 everytime I'm at the track, and it hovers around 3.4k (me in it, 160lb)with the following weight mods (approx):
Glass Hood -20lb
Remove AC -20lb
Rollbar +90lb
Scat shield +40lb
TKO 5sp +70lb
Delete spare -20lb
Delete backseat -10lb
Subframes +30lb
Blower +70lb
Add it up, and you get close to 3.2k when stock, which I think is avg (hatch or noch).