shobikes:
Scott,
What does the friction modifier do? Does it make the ATF a little slicker - better adhesion?
Hehe, it makes the type F work better in our tranny than it would by itself.

Exactly what the Ford modifier does Scott or somebody else can answer.
FWIW keep in mind that different materials were used in the construction of sychros depending on whether you have a very early car (which you do) or a later model. Early models such as our 89's use brass synchros. Later models (91 on up?) use fiber lined synchro blocking rings. It's my feeling that the fiber lined syncros work optimally with a lower coefficient of friction fluid (because the fiber material has a higher coefficient of friction than brass). Therefore keep in mind that what's best for later trannys (or early trannys that have been rebuilt with the fiber lined blocking rings) might not be best for original, early SHO trannys.
From my experience the original factory fill worked pretty well, Redline D4 worked really crappy, and a mixture of roughly 50/50 Redline D4 to Redline MTL works great in my 89 (which has all original internal parts). That fluid mix I'm using now works better than the factory fill I feel. 100% Redline MTL would probably be an appropriate fluid for the brass lined syncro SHO trannys (although I've never tried 100% MTL. Just the mix I'm using). Others have found MTL to be a good fluid for the 89. DON'T try 100% Redline D4 in the 89 tranny. Too slippery for those brass syncros to work.
Or try motorcraft type F (and if you don't like it straight then add some Ford friction modifier). Or try GM syncromesh.
All I know is I'm happy enough with the shifting performance I have on my tired old SHO at the moment that I'm in no hurry to install the rod shifter that I have sitting in my garage. My cable shifter, warts and all, with a good fluid in the tranny isn't so bad.