Wow, this thread is FUN!!!
Hollisterguy, seriously, you seem like a guy who wants to go fast. Everyone wants to go fast (I hope). Herein lies the issue. These old cars are extremely upgradeable, however, you can't buy one that has a couple upgrades and just go fast. There is a possibility this car was totally taken care of, and is a blank canvas ready to paint, but I doubt it. If you drive the hell out of this car, it WILL break without really taking your time to get it right. I know, I found out the hard way, and it cost me unnecessary money and lots of time. I say listen to these guys, they know a lot about these cars, and they are just trying to help, but when a newbie like you or me comes in and asks questions like "how much boost" or "can I beat a #$&% with my car, you get flamed. I came in and read hundreds of posts, got a TSRM (I live by it now) and then started asking intelligent questions.
When I got my car, I maintained the hell out of it, put a new HG in, pretty much replaced the entire cooling system, amongst a host of other maintenance items, and it still blew up after 6 weeks. Yes it is a Toyota, and yes they are incredible cars, and yes they can be reliable, but like I mentioned above, your car is 19 years old, and it will break, a lot, and if you are looking to get into a Honda-like situation where you just put gas into it, you are seriously barking up the wrong tree with this car. I am not trying to dissuade you, and neither are the rest of these guys, but the way you came across was very ricer, and this car is not a ricer (no offense ricer guys/gals).
This car will become part of you, and you will love it to death, and yes you will hate it sometimes as well.
Give it the attention it needs!!!!!
Peace..