yeah, i have to admit, it's all v pricey to up the power on the NC cars (and presumably the ND too). When I had my MK3.5 I thought for about 2mins about a 200bhp route with BBR, but it's still too much when you think of the % of the car's value.
From memory the easiest way to get power out of the NC is headers like Racing Beat's and a remap, which i think comes to about a k fitted (and the headers technically fail a MOT, as it's removed the 1st cat) for about 175bhp and 180-185 inc exhaust with sports cat... Wanting more than that and it's expensive things like swapping camshafts and a new exhaust and going for 200-225 bhp with something like a BBR's options (£4.5k for their 225 kit)... FI is about £5k for 250bhp and 6k for 300bhp...
plus any supporting mods like suspension (£1k), ARBs (£500), better rubber (£500?) and possibly bigger brakes (£1k?).
obviously costs could be reduced a bit if you can fit the stuff yourself tho... (but, after seeing how rusty a 2-3yr old MX5 is, it could be a "fun" job on an early NC)
So, say you have a v decent couple year old MX5 for about 12k - it would be in great condition and you'd keep it for a few years. Want more power and FI and it's realistically £6-7k with some supporting mods. Now have spent over 50% of the car's value on mods... That's crazy... Yes, it would be rapid and embarrass a lot of more expensive cars, but in some respects it's still a MX5 and I'm sure the insurance payout for it getting stolen wouldn't be anywhere near the total spent. And, in some respects it seems even more crazy if the original car was only 5-6k, as you've spent over 100% of its "value" on mods... Yes, I'd love to own a FI mx5, but unless i win the lottery I can't see ~6k being disposable enough to FI a NC, and if i have that kinda disposable cash for a whim, then I would imagine i'd be driving something more potent than a MX5 to start with...