If you want a Centerforce Dual Friction clutch for the M46, go here:
http://www.calgaryvolvoclub.com/forum/v ... .php?t=563 That's the thread that Brad started this summer, and we've just revived it. He's yet to get back to me on the clutch cost, but I'll update that thread when he does.
If you want to install a Mustang transmission, you must also install a clutch that'll work with a Mustang transmission, and the clutch we're ordering is for the Volvo transmission.
To install a Mustang T5 transmission, you've got to try and track down one of the bellhousing adapters, do some machining on the bellhousing, get a clutch made for the job, modify your flywheel to accept that clutch, get the proper pilot bearing, get a driveshaft built, get a speedometer cable built, etc. The guy building the bellhousing adapters is VERY hit-and-miss, sometimes it takes him months to ship your product. There are some folks on Tbricks with extra adapters or adapters they're not using at the moment, so you might be able to score one there. Also, nobody on CVC has done the T5 swap yet, so it's best if you ask around on Tbricks. Try PM'ing Hank Scorpio or DBarton for starters. Once the full site is back up, there's an article on installing a T5.
As far as I know, nobody's installed a T45 or a T56 yet. The T45 is close to the T5 in mounting scheme, but the input shaft is longer so I doubt the normal bellhousing and adapter will work. The T56 is totally different, and you might say it's close to impossible to easily mount it, for now. Dale, Athal and I are working on something rather elegant for that, but it won't be ready for a couple years.