1.red rubbish wagon
1.2 16V is ok for curb crawling but how can it b made a little bit faster?
use optimax!
get some one to take you out in a sport, then maybe you'll understand why a 1.2 just isn't worth wasting money on
i wanted to supercharge my old 1, had a cooper S charger for it but never got round to doing it!
Buy a sport
The best thing you can do to a 1.2 16v would be exhaust with decat. Strip it out get good tyres i.e. PE2's or F1's, coilies and some have had good results from the remap, which may suit if you get it decatted.
Personally though i would leave it and then sell it and get something faster with more modding potential thats my plan personally.