A few quick pointers…
The easiest way of making the Mk3 quicker up through the gears is to change the gearbox FD to a 3.94…or even a 4.2 if you are feeling really brave.
Then it accelerates far quicker, with no engine mods.
To improve how quickly it revs, lighten the flywheel.
Personally, I wouldn’t bother with the crank unless you are looking for 8000 RPM+, by which point you’ll be going solid lifters anyway…so do the flywheel and that’ll give you 90% of the gains for a fraction of the cost…in the areas you want it.
The Ebay chip is unlikely to give anywhere close to 171 BHP.
Probably 160ish along with other mods, at best.
There just isn’t 20 BHP to be found from as remap only…sorry.
132 BHP @ wheels is VERY GOOD for a standard 16v…dyno lottery dependant of course.
You did say at the wheels, didn’t you?
If you are going to port the head, only match port the inlet manifold to the head, Also the TB to the manifold, and open up the ramps on the TB. There is enough info out there on the ‘net to show you how to do this.
I would NOT open up the ports in the head unless you are going to bigger cams…and that’s a whole different world of cost and pain.
Changing the lifters?
Why?
You can fit lightweight lifters…but the gains on cars that aren’t revving any higher than standard will be minimal, and IMHO not worth the additional money.
ABFs will go to 280+ BHP if you want to drop £20000 into it.
I doubt you will see 240BHP NA for £5000 as Len suggests…I’ve spent well over £4000 and can’t break 200 BHP. To get to approx 210 I am looking at dropping another £3000+ into ITBs, even bigger cams and standalone management…and I’m still 20 BHP away from Len’s esimate…so a 2.1 forged internals, lightened and balanced bottom end at another £2500+ and I reckon I could see 220-225 BHP.
That’s the best part of £10000, because you’ll need the brakes and gearbox to use it too.
My advice: do the basics, get the engine to 165ish BHP, lighten the flywheel and change the FD.
It will drive like it’s got 200+ BHP but cost you 1/10th of the outlay.