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I don't disagree with you but we're now comparing two different types of cars; the main difference being that I could afford an MX5 or an MGF but even a tatty Elan +2 is getting expensive now. A Sprint would be the one to go for but you could buy a new MX5 for the same cost. Hell you could buy a well sorted NA MX5 for the cost of a Lotus Twin Cam engine.
ricky2slicky
The Lotus Elan predates the MX5 by 25 years, is nicer to steer and the engine sweeter...
I agree you sit too high in the MGF. Nostalgia still keeps tapping me on the shoulder and telling me to get one tho.