It sounds like yours could potentially be salvageable. I'd recommend getting a shop to look at it ASAP. As far as it being your first problem with a domestic car at that mileage and your comment about it being your last Ford, I would have to say that most other auto makers have the same problems with about the same or less mileage (particularly ones made around that same time). Plus, you should consider - the car is 10 years old - tranny technologies have advanced light years since then. 