Im currently building a Locost. Locost is a Lotus super Seven look a like. My plan is to use VEMS 3.3 on my Zetec engine.
The new plan is to turbocharge it. I have bought a old garrett T3 (Sierra cosworth) and plan to use an Saab 900 (old generation) intercooler mounted in the rear end of the engine compartment. Futher more i plan to use water injection.
Some pictures can be found here