Did somebody say MG?
Right, first...the bad.
Common issues with these are (as already said) - VIS valves, £55 each to replace, the inlet plenum tends to go at around 60k - £450 to replace. That's about it...the KV6 engine in general is solid. Mine does see the redline a lot and I'm currently in Manchester and the car didnt miss a beat all the way up here.
The seats are very comfy, I think all the pre-facelift ones come with half leather seats to match the outside of the car.
Also the rear bumper on all of these does 'sag' - this is due to the fact they are not fitted properly. A simple fix brings it back into alignment
If you are looking for comfort features then look elsewhere. It has aircon and front electric windows.....the list pretty much ends there. The short shift gearbox is awesome, the car is relatively quick. Oh, at 60k it needs a cambelt change, budget £500 - £700 to do this. Me and a friend are currently looking into it ourselves to save an absolute packet.
The handling on these is fantastic, very similar setup (if not the same) as the Integra. Make sure you treat it with decent rubber and the car will look after you.
Most parts bar body panels are readily available. Most are written off if so much as a moth hits the wing mirror because you can't get hold of them.
Oh, you'll be pleased to know they have started making the KV6 engine again so soon parts won't be a rip off
Go and test drive one, they are a lot of fun and I think you willbe surprised
by how likeable they are. I wouldnt say it was a car for a 50yo though.
I paid £2.5k with 60k on the clock and FSH, and mines an 02 plate. There was a Trophy Blue (best colour ofcourse

) 04 plate with 30k on the clock sold for 3k the other day...so there are bargains to be found!