I could have showed you how to properly adjust the stock setup in 2 minutes and you would have had the same outcome. Shame I didnt see this thread sooner, you would have saved some cash.
There is no fixing or adjusting of the stock linkage setup that will provide the precise adjustment a clutch used in a high horsepower requires.
The factory setup may be ok for some applications but not for the Cobra.
Failure to maintain the proper freeplay causes TOB failure, at least, and possibly a lot more damage, very prematurely and this cannot be done with the factory setup in a way that can be maintained for any significant length of time.
This linkage setup cost Ford millions in clutch and trans failures shortly after the 03 Cobras hit the street. They had no replacement parts for the guide tubes that were failing because of the TOBs that were seizing up because of improper adjustment. Instead, they had to replace the entire transmissiion, besides the clutch assembly.
Sadly, they never addressed the root of the problem, opting for driver comfort and low maintanence instead by retaining the clutch self-adjustig mechanism.