I like it. The underpinnings had a big change between Mk2/3 and the Mk4 (Mk1 being the fiat-type ibiza)
I would say yes until I read its using the 1.4 lump. Ok yes its good for power, but the thing is despite a remap making it 200hp, that'll be behind the competition in terms of power as most hot hatches have about 200hp now.
I saw a '58 plate new Ibiza today (non cupra) - I thought it was a Leon from behind! It looked huge! I don't like those lines down the side either, it's getting more and more german just like the audi's, bmws and merc lines.