I've seen this mentioned a couple times, but didn't see a thread on this so I might as well enlighten you to my discovery. Instead of buying an all new shifter and shifter bracket and spend $300+ you can replace the stock shifter bracket bushing with an Energy Suspension bushing. For those of you on a budget or wanting to save up for the godly MGW shifter, this will hold you over for a while for under $20 shipped.
Now for the good stuff. Immediately after I installed it, I noticed a huge difference. Shifts felt much tighter and more accurate than with the stock shifter bracket bushing. Most if not all of the slop has been taken out and I couldn't be happier with it. I am saving up for an MGW shifter, but this should hold me over for a while.
The install was very easy. Jack the car up and use a 12" extension with a 10mm deep socket to remove the 2 bolts holding the shifter bracket in place. There's a metal tab on one side (I believe it was the passenger side bolt, but I'm not 100% sure) that you have to remove to get the bracket off. I pryed and twisted the thing until it broke. After I got the bracket off I realized you can just pull down with a bit of force and the whole tab will slide down the bolt and come off with the bracket. Then you just cut the zip ties off, take the old bushing out, put the new bushing in and reinstall it. It does take a little bit of force to pop the new bushing onto the shifter, but you want a tight fit to eliminate slop. Whole install should take about 30 minutes...very easy and straight forward.
Here's a link to the bushing 4.1134 Energy Suspension Shifter Stabilizer Bushings - Mustang