Linux Mint 11 Rulez....
I replace my wheel studs every so often. I buy the ARP studs, haven't broken one yet.
I think you maybe are NOT setting the stud in the rotor. When I replace a stud I use a large nut that you can slide over the new stud then tighten the new nut down with an impact wrench until it fully seats. By just torquing the nut to 90 or what ever the recommended amount is, you may not have it seated and in all the way. If not, they will work loose and brake. They should be no difference in a 76 and 77 Granada wheel stud no matter what the engine is. If you ordered studs for a Mustang then there is the problem, they are different. On the spacers, they go on top of the coil with the flange pointed down. I think the rule of thumb is, if you want to raise the car an inch, then a 1/2 inch spacer is needed. Good luck.