When it comes to hp figures it is about how much $$$ you have, I have seen 1.6's running 10's on FI and I have seen 1.5's run 10's on motor. Anything can be done but the question is what do you plan on having after your project is done. Do you want Ac, Ps, daily driver, autocrosser,,etc etc....what do you want out of your ride.
Milan