Yes it can and has been done, but I was talking to a guy that did it and he said your looking at 15-25k depending on how much work you have a shop do...
2004 F150 4x4 Lariat Supercrew, 5.4l, Black/Arizona Beige (daily driver)
2002 Mustang GT Convertible, triple black, mach 1000 system (Summer Car)
2001 Ranger Edge 4x4 xcab (sold to cousin)
4.10 Gear/RPM thread