I have heard that the TAs are ok. Me personally, I wouldn't trust a Holley in an offroad vehicle. If you want to stay with a carb, then I would look at maybe a smaller 4 bbl Edelbrock or maybe even finding a way to go back to the Motorcraft. The problem with Holleys, and I don't care what anyone else says, I have been through 3 of them, they have to be adjusted almost everytime you go offroad. They don't jet them correct, the floats aren't adjusted and honestly, they cost more than what kind of headache you will end up going through. I would seriously look into just going with fuel injection if you want to spend the couple hundred dollars on that carb. Look at it this way, the standard EFI (Mustang, Cougar, T-bird, Grand Marquis) is more reliable than a carb in any offroad situation. And you can get them at the pick and pull junkyards for around $200 for everything.
In a nutshell, I wouldn't go down the Holley road if you can hold off and just buy the EFI stuff.