Shouldn;t affect the sound. String spacing on the mustangs is narrower than a P, the strings should easily be within magnetic range of the polepieces
OK, I just measured the string spacing and pickup pole spacing on my 2017 Daphne JMJ mustang...
These measurements are for the E-A strings:
The spacing at the bridge saddles (center to center) is 17mm (0.67")
The spacing BETWEEN the strings (inner edge to inner edge) exactly over the pickup poles is 14mm (0.55")
The spacing of the strings center to center over the pickup poles is 16mm (0.63")
The EXACT spacing of the pickup poles from center to center is 19mm (0.75")
That doesn't match either of the "versions" shown above!
Notice that the pickup poles are actually more widely spaced...
And this. I get it,.. but Ive also heard worse ideas. Mustangs were meant to be hot rodded (IMO). I personally wouldn't do it to a JMJ. That's my vote for a reconsider.