Ok so, first of all, i have to apologize for taking so long to respond, it was weekend and i hardly have any free time as my job is taking it almost all up.
Now lets get to what my thought process was when i made the decision to get this car.
I started looking to buy a car since last year. As i don't want anything german or diesel, a big portion of possible cars are out.
So i started looking at Toyota, Honda, Subaru and Mazda.
I am a pretty big fan of late 80's and 90's cars so naturally i startes looking through some of them.
Eventually i ended with a list something like: Honda CRX EE8, Toyota Celica T160, Subaru Impreza GL and Mazda RX7 or RX8.
With this list i started looking to them individually, specs, engines, parts, looks, mods, everything i could to have a basic understanding about them.
I dropped the idea of getting either of the RXs as it looked like dealing with them would be very complicated(not sure if it really is) as i would have to learn completly new and my town not having any rotary mechanics in case i mess something up, and the 30-40% fuel consumption scared the shit out of me.
I dropped the idea of getting an Impreza GL as i felt the car was underwhelming in it's NA form.
Toyota Celica T160 appealed a lot to me as it is very similar to the AE86 by being RWD, the engine and its looks.
Honda CRX felt a bit odd at first, after looking more at it i started liking the design, i was surprised by how little it weighted and the power it had, made me think of some kind of sleeper after which i already started making some plans in my mind as i usually do involuntarily(i like to think of it as an bless and curse in the same time).
After some more reading on what other people have done to it i had a pretty clear vision of what i would do to it myself.
Some time passes while i was still looking for CRXs to pop up, while i was looking trough sites i stumbled across the CRZ, i did not knew about it before, it looked similar to the CRX do i was instsntly intrigued, after looking a bit through the specs and stuff i finally thought i found a newer car i would like, so got it.
The car i got is a CRZ 2011 ZF1 6MT.
Now to get to what Spdbump said.
I will do almost any kind of mod that isn't force induction or engine swap, so, naturally cams, intake, exhaust, ecu mod, etc if are the only ways, i will do them.
Now, if im interested mainly in power, that doesn't mean i won't do some other mods to the car that improves drive ability for example, so naturally i will get better suspension and better brakes on my car, as an example.
I mentioned above what changes i would be willing to do, as for what i would spend, as an example, i will just say that i was prepared to spend more than 12K on the CRX i would have got instead of the CRZ but went with the CRZ.
As for compromises, i don't know exactly.
As for what mechanical skills and knowledge i have, i read a lot of stuff on engines and modding in my free time, i do maintenence work myself as i am kind of skeptical on some mechanics in my town, i am certified electromechanic(certified as in this is what it says on my diploma).
In a worst case scenario i think i would ask my father for help as he has more experience in some parts than me.
It is ok to be skeptical, i don't blame you, it is a forum after all and people can say whatever they want, true or untrue.