Ok...the job is all done, here's a followup:
Harold Ziegler Ford in Plainwell is one of the better Ford dealers I've been to. The parts dept. staff are friendly and they actually know a fair amount about Taurus SHO's. Also, the SVT/SHO Society has discounts with them

They were able to get a new ATX tensioner within a day...got on their locator and found a tensioner in Grand Rapids, and the next closest one was Louisville Kentucky eek! Now, I did talk to another Ford dealer before calling Harold Zieglers, but they wanted $160.00 for the tensioner!! Not sure if that included the pulley or not...our club discount at Zieglers is only %10 so I don't see the big difference in cost, so be aware when you're calling around should you need one. I did try a few generic parts stores, none had a listing for the tensioner so this is likely a dealer only part.
It comes from the factory pre-compressed with a nifty custom designed pin holding the piston down. Obviously I put that little jewel right in my toolbox for the next ATX timing job I do thumbs_u Installed the tensioner & timing belt, put everything back together and it worked like a charm. As far as the tensioner going bad, it wasn't a slow process. The car in question is a 93 ATX that just turned 150,000 miles, he was on his way from Washington state to Michigan when he started hearing clicking/rattling noise from under the hood, which was the timing belt loosening up and slapping the timing belt cover. it was a sudden thing, so apparently the tensioner just gave up the ghost all at once.
As to why the tensioner failed...I found a slight oil leak coming from the seal on the rear camshaft sprocket. Oil was seeping all the way down to the bottom of the timing belt cover, and the tensioner was quite caked up as well. The rubber seals on the far left of the middle timing belt cover near the tensioner were basically mutilated...I'm guessing that something similar happened to the the tensioner itself and any rubber seals that may be in there, and it eventually weakened enough to fail. I suppose it could have simply failed due to age, but given the rarity of this failure I would have to attribute this failure to the oil leak. So for any of you ATX'ers with a leaking rear cam sprocket seal you may want to pay close attention to your timing belt tensioner!
Thanks Scott and all the others who helped me out on this. Though I've worked on quite a few MTX's and helped out with Mike Ivey's ATX, this was the 1st solo ATX timing belt job I've done, and aside from the bad tensioner it was a smooth, successful repair...thanks!!! beer
<small>[ September 15, 2002, 10:25 AM: Message edited by: Huntervf ]</small>