i think what he is trying to say is up to 100 the mk1 is faster in terms of acceleration.
but over that the aerodynamics of the car take over and the drag affects the mk1 more and then it evens up with the mk2 having a faster overall 0 to MAX speed time.
agreed. up to 100 much of your acceleration is down to weight, or lack of it. after 100 the effects of drag start to take over quite drastically, so the mk1 may be struggling.
btw, you could see this principle at work at Santa Pod. The fastest cars tended not to be the modded cars, but the stripped out cars.
you could compensate by changing the 5th gear ratio for something a little shorter that would increase your power at 100 and you would stay in front of the mk2, but then your top speed will get hammered. even more.
the lack of drag of the mk2 will certainly give it an advantage when your maxed out. maybe a higher top speed, but definitely lower fuel consumption.
having said that, the 16v unit is so good that on one occasion i had mine maxed out and the only thing stopping my progress was that pesky rev limiter. and that fact that i was burning at 1.8mpg, which equated to around 1 gallon every 21 seconds.
if you could find a track long enough you may find that the 16v unit in a mk1 will be similar. however, drag vs power is not linear.