i have a few friends with 302's in there trucks and they like them. they have pretty good torque/HP, and are pretty good on gas. suprisingly a 302 is cheaper to rebuild than a 351 so if your on a small budget, a 302 would be best. i'd build a 351W, but only for the extra power. im a horse power freak.
i dont usually do ford either, but its 20 times better than dealing with japaneese ricer crap.