Need to get rid of the stickers as they're badly faded and not indicative of the model, it's an S/R (single cam version of the RS/R)(any ideas?) there are 3 on paint and one on the plastic front bar. Drives absolutely amazingly although i havent given it a good hooning as i need to do the compliancing work. Trying to find a way to get it registered as a 4 seater but there's a good chance it will be too difficult to get the seat belts going (child restraints are not an issue, got the bolts etc. for that).
It is surprisingly large for it's weight and interior room is fantastic. As a 6'1" guy (185cm or so) with long legs i thought it might be a bit cramped. Boy was i wrong, with the seat back there is ample room for my legs, head clearance is also much better than other sports cars i've driven.
Sitting in the back seat is something i wouldnt want to do whilst the car was moving, but it would be ok for cramming friends into. Alternatively the space the back seat occupies will be perfect for a sub box (not that i'ma huge 'big audio' fan)
The engine is a single cam F5B with a redline showing on the tacho as 7,500. The wastegate has siezed open so whilst the turbo spools up there is no boost. Will be remedied this weekend. In this non-turbo form (how many HP/kW does the non-turbo F5b have?) i've had it up to 105kph on a slight downhill on the eastern freeway (melbourne). The chime at 90kph+ (realistically 88kph+, perhaps this came from back to the future!) is not noticably annoying with the radio on but it's something i'd definately want to get rid of as it can drive a sane person crazy for long trips.
The gearbox feels nice and the gearchanges are smooth, i'd like a shorter throw on it though, perhaps 40% shorter. Pedal positions are great, good for heel-toe but my technique is sloppy, havent driven a manual car since i got my licence 3 years ago (not by choice, mind you).
I give the car bonus points for its comedy relief stickers, on the top rear spoiler there is a sticker which reads "back door spoiler with high stop lamp" in big black lettering, visible from the top. Also the "power steering" sticker on the rear windscreen on a car that clearly doesnt have power steering.
Here are some pictures.
Plans for the future are to get it registered here in vic, timeframe 4 weeks. 13" or 14" Wheels from KA/KB laser or first gen magna, and tyres to give same/similar rolling diameter. Tyres will probably be Yokohama A539, they come in 185/50 R14 are only 3.6% off the stock tyres circumference.
Here's a cheap photoshop of the alto with "atom" magna wheels and lowered.
But as Dave said, you'll be very surprised when you get the wastegate fixed up. 
