My Dad and his friend are old racers and know a lot about cars, so they helped me out considering I'm only 16.
First of all we got the new exhaust for around $400, then started with the electrics. we got rid of the tachometer (waste of space) and fiddled around with the dash a bit.
We got a lot of our goods from the wreckers and scraps, for instance we got headlights from new corollas and the rubber bumper I found on another corolla. I wanted the rubber bumper because the sharp scrap metal on there before wasn't good.
We then got new shockers and suspension and lowered it.
Then onto tires. I picked out a set of alloys (6 1/2") and we got the tires for a good $800.
We were finished in 3months and now onto the really fun part.
It really hits the spot and I enjoy maxing it a lot.
I can't exactly tell what the RPM would be, but I suspect the 1.6 would pull around 7500RPM.
Most of the guys getting 1st, 2nd cars now usually go for old Commodores, but true cars guys know. You can't beat a Toyota.
Handles good too.