I would not get a 1.4, it really did feel under powered, my cousins 1.6 CL is quite nice (leccy windows) but my GL kicks it!
I have the 1.8 version and it comes with leccy windows/sunroof/heated mirrors/rcl/ and full closure when you turn the key in the door handle and it does have some poke.. somewhere.
The ride is nothing like the Mk2, that handled really well and I miss it because my Mk3 doesn't at all. It rocks like a boat, i hate the brakes so I'm trading it for either a Rado or Mk3 16v.
Saying that, it is so much more comfortable and reliable. Compared to my Mk2 the GL is a dream. Starts on the button, the single point injection system isn't the best out there but it works fine!
It all depends, I miss my Mk2 for the looks and the ride but I love the comfort and reliability of the Mk3.
I'd sell up and if you can find one, try and get the 1.6 GL.