Ford called for 5W-20 starting in the early 2000s, revising the original specification for 5W-30.
I can assure you that there are no differences whatsoever between the engines that called for 5W-30 and the later ones calling for 5W-20. It was only changed for a minor increase in fuel economy. I’ve seen slightly better wear numbers in UOAs with 5W-30 as compared to 5W-20, but the difference is so small it’s unlikely you will ever see it in service.
If it’s cost savings you’re looking for, pick up some Costco brand 5W-30 and run it for 10k intervals. I would run 5W-30 if nothing else just to give it more buffer to be in an acceptable viscosity range, to be more resistant to shearing or dilution should either of those occur.
Heck, in Florida I would run a 10W-30, that’s what I use in the Ford modular engines I own and service here and they last hundreds of thousands of miles.
That being said, it’s your engine and you can run whatever you want in it, and yes, 0W-20 will work the same as a 5W-20 in your application, except it will being slightly less shear stable in theory.