A little inside info here: While I was at Ford, we were getting ready to introduce the Cobra Jet Mustang with a 427, however a dealer from the East coast recommended that they install a 428 built from parts Ford already had on the shelf. To settle the question there was a match race between the dealer's 428-powered Mustang and Ford's prototype 427 Mustang. Result; the 428* won, thus the birth of the 428* CJ and SCJ Mustangs . . . and for a whole lot less money.
Bottom line: Don't let the 428 put you off. It has plenty of kick. Just the same I still like my 427 side oiler.