sorry bro, waste of time and money. to get more power out of it you'd need custom turbo manifold and aftermarket ecu and probably other stuff too, which starts getting expensive. just go the honda way, they're cheap and parts are readily available for turbo etc, and the end result will have double or triple the power the little mitsi engine will ever be able to make. also, how does this really sound to you:
'i upgraded the one litre four pot in my mini to a six sixty cc three cylinder'. each to their own but it just doesnt do it for me lol.
if you want a cheap turbo engine from the factory just go grab yourself a wrecked GT starlet. those things are good and toyota make much better motors than mitsi imo.
These are 4 cyl not 3 and the figures speak for themselves really more hp and torque than a standard 1275 plus the bonus of 5 gears and modern engineering, as far as parts go they are a dime a dozen here in Christchurch NZ, I can get a complete car direct from japan for around $1000 nz. I do tend to agree with you on the fact toyota make better motors though, What I would realy like is the motor from a daihatsu sirion x4 (daihatsu and toyota are the same company), these little beuties are 733cc 4 cyl 4wd puting out close to 160hp from the factory, I know of one in the North island of NZ putting out over 200hp still running the factory ecu and internals trouble is these are still sought after cars and that pushes the price up.
I am not a big fan of the honda motors though, I don't personally like the induction noise they make and I am not a fan of the way the power is delivered (does not make for a mini that is relaxing to drive when I want it to be) plus I hate the look of the extended fronts used to fit the vtec. Personal tastes really, I like to try different things.