Rat407,
Yes it will work, my 95 Grand Marquis calls for it and I flushed my steering system with it back during the summer. I did a couple of drain-and-fills with the universal ATF back in 2005, but then it appeared that their product application guide changed and recommended the Super Shift.
So far I have nothing to complain about, the pump is less hissy and the steering is a little easier. From now on I am just going to drain and fill the reservoir every year.