Sorry for the delay on this answer guys,but I've been with my schedule pretty full for a long, long time.
Well, here we go again with some updates (January/2011):

"Pistones IASA" from the neighborhood (Argentina):






Crank re-finished:



Intake manifold from an Audi A3, that will be properly adapted:



Block re-finished too:






Reinforcements on the structure, necessary for the use of stiffer suspension (or else... "crack"... hehehe):
















And now to the "shopping-list":

Some springs and shocks from a place far-far-away from here (and really close to you...):






The "EVIL TWINS"....









Polyurethane bushings:



Upper and lower strut-bar:






Air-filter (with REALLY low restriction):






And finally a set of wheels that I will modify later: