Those were your senior pictures? In my senior picture from my senior yearbook, I was drunk inside a trash can.....Seriously.
Nice ride though, I've seen maybe TWO preludes from that gen that are clean....I'd leave those wheels on there, but lose the mudflaps.
As far as suspension, look into Tein's shit. My roommate has had the SS coilovers on his hatch for like 2 years, and they're still great. On the 01 prelude I had, I had the S-Tech springs, and they rode like a dream...and I'm putting the SS coilovers on the new EG...Definitely look into them, though, the S-Tech springs on some Tokico or KYB (ick) adjustible struts should ride GREAT.