I'm guessing...do you think it could be the torque converter engaging/dis-engag.?
Guessing it could be bec. of what you wrote..." If I step on the gas harder, it rev's right up with no problem"
you have a 94 with E4OD? Check fluid level and condition..
Also; even though you do not have a Check Engine Light (CEL) on... Guessing again.. my 96 did not show a CEL even though it was running on 7 cylinder due to corroded FI socket.. then when I went to check out why the CEL did not light up or could not find a DTC with my Code reader (OBD II), I found the cigar lighter fuse blew - it also powers the CEL and diagnostic terminal.
So, when first starting it, does the CEL turn on for a second? If it does not Light up, then check fuse. in my 96 it is #16
From the Owner's Guide.
"The light comes on briefly when you turn the ignition key to ON, but it should turn off when the engine starts. If the light does not come on when you turn the ignition to ON....
If this is the case, then look at the Throttle Position Sensor (TPS) because... of what
Xris and other hav wrote...
Xris.."..A number of months ago I discovered that my 86 Ford Full-size would hesitate/buck after about 10-15 minutes when the engine was at operating temperature. It would idle smooth and run fine until it hit 2000-2500 rpms...cruising speed..."
sixlitre (a good pal) "After she's warmed up she's sluggish at all stages of part throttle, like there's not enough gas getting to it, but goes gangbusters at wide open throttle..."
Throttle Position Sensor(TPS) Function & Diagnosis TSB 94-26-4 by Ford for 93-95 Source: by miesk5 (Al M)) at comcast.net
TROUBLESHOOTING THE TPS
The following is a list of vehicle symptoms which have been associated with the TPS, but can also be related to other vehicle components.
Check engine light
Stalls/quits
Hesitation/stumble
Fast idle
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Vacuum...
"Almost every vacuum line break I've encountered is where each of the vacuum tree ******* terminate. Most commonly behind the upper intake where the 4 way thermactor valve is or at any of the stops along the way from the air pump back.
A spray can of quick start sprayed at the lines, while the motor runs will usually expose the leak by the idle jumping up with the alcohol."
by Sixlitre
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Engine Vacuum LeaksBy Larry Carley
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Many other checks here...
And some "NO-CODE" Trouble Shooting by Ryan M
&~ his TPS Article, but I would Not mess with EEC