I have owned mine since new (October 2003) and thus far, touch wood, have found nothing wrong with it. I love the car. Driving it is involved, and the performance is terrific. The rear end is a bit playful in the wet, but quite frankly if you dont pay that extra bit of attention in the wet in any car, you are an idiot!
The best review that really gives you a good idea on the car itself, is EVOs.
You dont get leather, ABS, air con, or three back seats... do you REALLY want them - if you do, get a 172.
Price wise - £12-13 thousand for a new one.
Hope this helps - feel free to get in touch by pm.
What do you drive now, and where are you from?