Mick, I bought my Miata new in 1991 and have always loved it. Even though it has plenty of zip I felt it was a bit underpowered for a real sports car. When I looked into adding more power I read that a turbo or supercharged Miata would go through a stock clutch in about a week so I forgot about it for a while. But when I had to replace the clutch at about 88k I used an ACT Stage I which would handle the extra power. So I bought the Jackson Racing Supercharger kit and had my local garage install it. It makes about 6 lbs of boost for a hp increase of about 40%. So it went from 113hp to somewhere around 158hp. Yeah, I thought it was worth it! The stock 0-60 time is advertised as 9.3. I timed it at 7.02 on my first try.
Of course anyone on here can tell you that once you start modding it's a slippery slope. Soon I added the boost upgrade which gets you about 12lbs of boost. Then a high flow exhaust. Then a header. Then I blew my rear end and got a limited slip out of a '95. Added the bigger '95 brakes while I was at it. And on and on. 0-60 now is about 6 seconds.
The supercharger is bypassed until you step on the gas so there's no difference in drivability, just a lot more power when you want it.
That said, after a few years it failed it's emissions test and no one could figure out why. I was saved by Mass laws changing to exempt cars before a certain year. Right now it runs very strong but doesn't idle well and again no one can figure out why. There's a guy out in Marlboro who specializes in modified Miatas who could probably fix it but that's about an hour from here. Right now it's still in winter storage while I get my bikes going then I've gotta figure out what to do with it. Lots of info at
http://www.miatamania.com/But if you want to go REALLY fast I think turbo is the way to go, look here
http://www.flyinmiata.com/And lots of good info at
http://miata.net/