Crank trigger is great. Are you planning to run a Megajolt or EDIS? Late model Explorers and Mountaineers from '96-01 have 5.0L engines with crank trigger. If you decide to use the setup you'll need the entire front accessory dress (which I believe is the most compact ever designed by Ford, so it might fit well in the SN95 chassis). The 36-1 wheel is built into the balancer, I believe. The timing cover has a provisions for mounting a matching VR type crank sensor. Note that if you intend to run sequential injection that there's a difference in the cam sync sensors in those trucks. '96-98 employed a Hall effect style 3-pin sensor and the later models from '99-01 used a VR type 2-pin sensor.
For my 351W I ended up fabricating a 36-1 wheel that mounts behind the crank pulley. Since it spaced it out by 1/8" I also had to fabricate accessory bracket spacers that go between the cylinder head and accessory brackets. Made a custom VR sensor mount for the crank sensor too. As far as the cam sync for sequential injection, I used the Price Motorsports option, but you can combine parts from a 3.8L V6 (Windstar van or similar) and the Explorer 5.0 cam sync. You need the housing from the 5.0 and the shaft from the 3.8 for the 351W. The 351W cam sync will also fit 351C, 351M, and 400M engines too.
This thread should be in the EEC section!