Though I do own my Coupé 100% and it is only for a Trackcar/Toy so if it goes wrong then it's not such an issue.
Also I like a project
Just need to stop and think if the Coup is a good enough base?
You've got this the other way round to me. I'm looking for a track car - S2000, MX5, VX220 etc. something RWD. Something to get the backend out without causing an accident! Something to keep unmodified and just enjoy the handling.
I see no point in having a FWD car for the track. What? So you can understeer round bends all day? Nah, get RWD and have safe fun getting the rear out all day!
Use the Coop for a project car where true handling performance doesn't matter so much for road use, as you should never be driving at 100% (leaving no room for error). Also there peformance gains for so little mods/£££. Perfect for annyoing far more expensive machinery and it's driver... Furthermore the Coop is rare, and even rarer in styling looks, perfect for souping up and being different. This is before you consider the unique warble (and how you can make this louder) also good for cruising up and down high streets, should that be your street posey thang.