It has a Modified exhaust set up with a manual. Upgraded air intake. Upgraded suspension and no not as fast as a modified Turbo but for a RS it does smoke most cars in this valley including my new 2013 Lancer SE 2.4. (N/A ?) but he's running a RS just like me and mine is fast maybe from the mods.
Not sure where you live but basic fix ups are not to bad if you have a pull and save close by and do your own work. If you want to rip her out its going to be a lot of time and money to do so. My RS is super fast and gets good gas mileage. These cars if they have not been taken care of prior...