It's more frequent for a cat to plug and do what it did on your mustang than it is to see one fall apart from the inside like your rover.
Your smell may be a small oil leak (spark plug tubes are common culprit, drip into exhaust piping).
What does the noise sound like? A rear end rattle could be a lot of things.
I'd get the car up on jacks and have a look around to figure those two things out.
A fluctuating idle can mean a lot of things. If it's only with cold startup at idle, it's likely a small vac leak. Do a manifold vac test and see what that shows you.
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2000 Box Base, Renegade Stage 1 performance mods complete, more to come
When the owners manual says that the laws of physics can't be broken by this car, I took it as a challenge...
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