dude I'm in the same boat, except I bought a '99 1.8T Quattro.
From what I've read and asked a few people about they most cost effective thing we can do is get a decent chip/ecu. I don't know how much exactly but I think it's good for about 20-30hp more and will cost about $300-700 depending on the chip maker.
I know you care about more power, but I think the first thing I'm going to do is get me some HID lights because they cost only around $130-200.
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