For that same price (or less....) you could pickup some Eibach, Steeda, or Ford springs. Depending on the models you get, the drop would be either less, same, or more...
above poster will be correct though, you drop more than 1.5 inches you are going to need to install Caster/Camber plates (DO NOT get the crap ass steel 3 bolters... get quality billit 4 bolt.. well... ok, you can if you want.. its your car
) and a bumpsteer kit. and thats just to get the front end geometry correct. you are going to need to get shocks/struts for these as well, and you will get a far better ride if you do NOT just go buy the monroe's (or others) for the factory car. You would be best served by getting a set that are for lowered cars, as they are set up internally to smooth out the ride on lowered cars.
Lowering is ok, and can make things look fantastic, but you need to buy the complete package, not just part of it... otherwise, your ride quality AND handling will suffer.
*edit* fixed some of the zillion spelling error's...
