FTO's looking well - hope to see it at an upcoming meet.
I would have a personal preference for upgrading the shocks and springs separately rather than going with an adjustable coilover set-up unless you are using the FTO on track quite a bit. The coilovers tend to be rock hard even at the softest settings. A few of us on here have gone for KYB dampers and Apex springs and were very happy with the ride/handling compromise.
Do a search under springs and you'll see various opinions on the best way to go. There may still be a few sets of Apex left out there (no longer manufactured) - these are good value springs that give the FTO a lower drop at the front than the back - hence keeping with the wedge profile -
http://www.camskill.co.uk/products.php? ... b0s584p412
Otherwise the Eibachs are meant to give a good drop while retaining much of the ride quality -
http://www.camskill.co.uk/products.php? ... 0s584p1540