I have read 01 was the last year for cable drive speedo. Have also read 02 was a transition year where some will have the correct output shaft and some will not. I have 2 4r70w from ex police cars, 03, that are untouched internally. Mine do have the appropriate output shaft and tail housing to support a cable drive speedometer. Just. Ecause it has the hole for the speedo cable does not guarantee it will have the correct output shaft! Make sure you peep in the hole before spending laying down your hard earned cash.
There are several posts around the net where a 4r70w have bee installed in 65/66 mustangs behind a small block with no tunnel modification. Side by side the c6 and the 4r70w are not much different width wise. I will see if I can get some side by side pictures this weekend.
Myself I did not want to deal with the adapter as the space between the firewall and the back of the block in a 69 Mustang is tight already. I chose the QuickTime bellhousing. This requires the the old bell to be cut off and bolts on to the pump. Note there are 2 part numbers, older version that supported a smaller converter and the newer part that supports a larger converter.