Assuming a standard depth FE car bell, FE input, and the shifter as-delivered, the shifter will rub the LH side of the hole and be right at the forward edge, in addition, the tranny will require a minor C cut in the floor cross member to get it up to allow proper angle and a little shaping right under the radio, unless you wanted to lower the engine.
The shifter position isn't really adjustable, you can bolt the shifter on one side or the other of the nub for about 3/4 of an inch difference, or you can flip it around 180, but it wont help you. A McLeod shifter for a 69 Camaro will offset the shifter to the right and slightly back, which should be perfect for a console.
You can see what I mean below, the stock shifter should flip around, but that makes it worse for a Mustang. The other plates theoretically allow different mid and front mount shifters, but I have never actually seen one
One nice thing though, a stock Hurst bolt on handle is a perfect match for the TKO nub, so when you get close with the McLeod shifter, you can put it almost anywhere with a standard Hurst handle
I will tell you though, it takes a little getting used to. A TKO shifts great except for 2-3, and that is because it isn't clearly gated and generally people try to go from second to almost in between 3/5. Aftermarket shifters are gated and spring loaded to push you into third, but not sure about the McLeod. I got used to mine and I don't ever miss third.
In addition, people claim the synchros are too slippery. I am not sure if that's true, but I filled it with ATF+4 that Mopars use because I had a gallon laying around. It worked so well I am afraid to drain it and try something else LOL
One last thing, although it uses the correct Ford design speedo cable, you need to run the longer AT cable and AT driven gear. Other than that, easy swap.