I chuckled at "V4". I almost thought you had done a Volvo head swap (four valves per cylinder). Sorry, not trying to be mean.
I agree with 924banger. Make the car a good daily driver, and then start modding it. There's no point having a car that looks nice to you if it's annoying or unreliable to drive. It really doesn't take much to get these 2.3s up to spec with how they came, but typically they all have problems from the time you buy them (at least everyone on this forum seems to have car problems). How long have you had the car, and what has been done to it as far as repairs and maintenance since owning it?
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"The battery is discharging, the oil temperature is very high, the oil pressure is very low, the engine temperature is off the end of the scale, I'm running out of petrol, but the clock is correct!"- James May
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