Either you cannot drive or know very little about cars. just because it has a twincam engine does not mean it will be wickedly fast. I have driven the 318is and it's a fantastic car, one of the best four cylinder cars in the world, 140 bhp is sufficient, and that DISA (dual resonance intake system) does it's work when your above 3000rpm, it just flies, and the handling, it's simply exceptional. it doesn't have immense torque like a straight six or a v8 but it's more than sufficient for the road. In other words in gear acceleration is excellent. If what you want is to blast the the living daylights out of most people, get an E36 M3 / Evo, or the E46 M3 manual and learn to drive it (proper launching, rev-matching on downshifts, heal and toe etc), you won't regret it.

Had mine for a year and six months now, its done 123000 miles and still going strong with full services done regularly and interim's done every six months. Well that's under the bonnet, inside is another matter, the door trims are loose and rattle, the trim round both door handles are loose, the glove box is very flimsy. Had an amazing time in this car it handles well and looks great, the driving position is fantastic and can't fault the engineering under he bonnet a good car over all gonna stick with BMW's from now on.

Of course a 2002 BMW is going to have more power and be faster than a 94, there is almost a 10 year difference between the two. If BMW didn't improve on their older models year after year, they would be out of the car biz.