After doing some research on the MT-82 I'm convinced that they are not suited to handle the power of these 5.0 motors, countless negative remarks, failures, and the under rated torque capacity.
Ford doesn't want to honor my warranty with my brand new 5.0, so as of now it's looking like I will be making the repair and resolving the current issue with the car in regards to its failure over the weekend.
My thoughts are the flywheel and clutch issue caused a failure which resulted in my clutch blowing apart and locking up the trans. Which led to the driveshaft being twisted at the flange near the transmission. When the car was put into gear and the clutch was let out it would just make a loud bang and wouldn't move. Also while the car was idling with the clutch let out you could hear some scratching up against the flywheel.
Before thr failure the car was making a whining during acceleration similar to a gear whine....
Thoughts and opinions are welcomed. I will keep everyone posted.