I think this is a great mod for a MR2. Excellent engine.
You can change the engine to suit a more torque base powerband than the 9000rpm screamer if its a concern.
A 4.5 final drive can be fitted to the E153. You can also use the V6 3/4/5 to tighten up the ratio's. My car has this mod and there is a improvement over the standard set.
At least the exhaust would be pointing the right way!