Thank you to you all for your warm welcome.
Firstly the Midget - I do all the work on her myself, including the 'Sebring' bonnet swap. They were originally used for 1959 Austin Healey Sprite works cars and have been available ever since. It is a relatively straight forward mod, as the original panels unbolt (I still have them) and the new nose hinge is mounted at the bumper iron mounts. The whole nose is lighter, simpler and the access is exceptional, as I hope you can see in the photo. The shell is the original one refurbished - although the PO's welding is at times rather agricultural - and she has a number of upgrades that allow her to cruise very happily on modern roads - stop/start to motorway speeds. We use it for days out, the odd work trip and drive-ins have become part of our social life.
Now to my Europa thoughts - I was first blown away by the Europa's dramatic looks as a child and the Chapman/Lotus story has always fascinated me, especially during Formula 1's heyday. Does anyone else remember Hill v Stewart's light hearted season round up on BBC Sports Personality of the Year?
I am drawn to the early Europas (S1/S2) for a number of reasons, including the uncompromising aerodynamic styling, the selection of the Renault 16 engine and, of course, money. My 'toy' car is a hobby that has constraints on funds and space. I can afford time more easily than cash, so a beautifully sorted Banks T-47 replica will always be beyond my reach but I can rebuild/repair/re-energise a tired and unloved car, much as I have done with the Midget. I'm not a stickler for originality and I'm not a good enough driver to use out-and-out performance but serviceability, drivability and the wow factor are central to my thoughts.
I also have to consider the down side of any Lotus, from the perspective of serviceability, drivability and the wow factor. Is it too highly strung for my limited skills? Can I actually do the maintenance work, seemingly down the bottom of a wheely bin in comparison to my Midget? Can I obtain and afford the parts? This is where your experience and knowledge is so valuable.
Finally, as with all cars, I'm sure my decision will ultimately be heart before head - after all I drive an Audi S3 rather than an A3 as my day car!