SR1/SR3 as a Road Car?

[rotorwings]

< I'm sure this has been asked before and is probably an annoying question in this forum (but I cannot find a thread on it). Sorry.>
but..

Would an SR3 or SR1 (ex)race car make a fun and/or usable weekend road car?

I am in Germany, and have someone who is confident in being able to take care of the legal process to get it on the road.
What I am really interested in are peoples opinions on whether or not an SR1/3 would make a fun and useable road car?
Can the ground clearance be easily modified without ruining the handling? Can the front splitter and other low hanging aero parts be removed for road use?
Would the sequential box be useable on the road? Are they too high maintenance?

My current car is a Caterham R300, so any comparisons that could be made would also be appreciated.

[rotorwings]

Thanks Gc285.
What your post lacks in sexual metaphors, it more than makes up for in actual, useful, information.