I know this is an old thread but I just got around to reading it.
Before getting my '03 S, I've owned 3 Miata & still have my latest one. I had a '97 STO that I totaled at a track event; a '91 POS that was supposed to be converted into a racecar but never did; & a '95 M-Edition that I still own & is my dedicated track car.
I've modded the '95M extensively & has an FMII turbo system in it. Of course, it has modded suspension, etc. The car makes 220 rwhp & weighs less than 2600# with driver. It isn't very refined but it is faster than my Boxster & will run circles around any stock 986 on the track. There are many great things about the Miata including: 1) low maintenance costs & 2) less expensive car (I purchased this Miata 6 years ago for less than $7k). This way, if I ruin the Miata on the track, I won't be out that much $$$.
But I think I've got the best of both worlds -- Boxster S for daily driving & stupid-fast Miata for the track.
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Sonny
2003 Porsche Boxster S
2005 Subaru Impreza WRX STi
1995 M-Edition FMII Mazda Miata
Sponsored by P.O.S. Motorsports
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