My 94'has some problems, (fixed with a new radiator)The radiators have a small 1/4turn petcock with a tiny extension that I assume is the "faucet" that drains the coolant. Mine was stuck, and being plastic, I didnt want to force it. The petcock is located on the left side, at the bottom of the tank.
My new radiator has the same thing on it, and it was really hard to turn brand new! When I drain the system I just pull the lower hose. Simple and effective. I also have a large funnel to help catch the coolant, and divert it into an old cooler.
If you don't have a large funnel, one can be made by choppin up a 1 gal water bottle. Basically cut the bottom off, there ya go!
Troy