Yes, I'm building one. Looks like 190 crank hp is doable, but 190 whp is definitely a pipe dream (it's only a 2xSOHC engine). Note that the swapped VR6 in the above-mentioned early chassis probably weighed several hundred pounds less than the min weight for the Mk3 GTI VR6.
If I can figure a way to do the computer on a budget, the W/P ratio might get close, and perhaps I can get within striking distance (at least in the wet). I'll probably first hit the track this year in an ITA 16V Scirocco, though, since the GTI is more expensive than I realized...
[This message has been edited by Eric Parham (edited March 18, 2004).]