As a current EP3 owner, PASS. What has made the Si cool over the years is how different it was from the regular models, especially when it could be had as a hatchback. This just looks like a slightly dressed up version of the base model cheapened further by the installation of the 2.4 pusher from the TSX. The previous K20A engine at either the 160 or 197 HP was/is absolutely not a dog in the city - mine happily chugs around in 5th gear at 60 clicks or so with great pick up. That last 1000 rpm between 7 & 8k sounds unlike anything else on the road. 2700 rpm at 100 km/h in 6th is a joke, as others have pointed out that needs to be a taller gear, there is gobs of torque to handle it.
The "iVTEC" light flickering under use is plain cheezy. You have to be senseless or deaf not to notice that. Previous gen Si's and CSX's had a redline light. Far more usefull. I'd be in behind the dash the first day unplugging that sucker.
At 241,000 km's my EP3 will be due for replacement soon, I can say without a doubt another Civic is not on the list. Eventually turbocharged Veloster's will trounce this sled.