generally an 8v engine produces more usable torque than a 16v engine...it's not as simple as 138bhp vs 150bhp
Shut up, you sound stupid.
Value-wise, buy a Golf3.
Best solution, buy a Golf2 and put the Golf3 2.0 16V motor in it.
Search ABF on here for lots more information.
The G2 16V runs K-jet, which is archaic and thirsty mechanical injection.
G3 16V runs Digi3, which is good quality electronic management and will deliver 40MPG on a light foot.
Have a look at Paul86S2's posts:
http://www.golfgtiforum.co.uk/index.php?action=profile;u=17220He has a well-sorted G3 16V track car.
What colour stripes are you going to put on it?