Bottom line is, the car is that low, it looks like the suspension is broke. There is no way it would pass MOT and I would severely doubt that there is enough suspension travel for it to be deemed as safe.
For show
For actual driving
very very doubtful. Its been tried and tested by numerous gti/vts owners and most would suggest that even 60mm spoils the handling and chuckibility of the wee french cars, so id say yours probably just feels bumpy as hell, and does not handle 'better' and indeed you would prob end up in a hedge backwards if you where to give it some out doing a bit of spirited driving one night. The back end is bound to have an imbalance with the braking.
At the end of the day yes its your motor, but you posted up pics, this is a public forum, users are entitled to their opinion, and the general opinion is that it looks silly with the back on the floor, and if your gonna drop the front more (aka cut a coil or 2) to level it out, then your going to further spoil the cars handling characteristics. Which is daft since your ''xmas list includes cams etc' no point if its gonna handle like a bag of dung.
get onto the saxo/106 owners clubs and see if they agree with your comment on how it handles better .
