The difference on an autocross course is evident in times. I have competed against '88 Fieros with a setup similar to mine, and driven '88 Fieros on course. So I hope the results of those experiences are what you are looking for.
Remember, the '88 was built for better ride quality (softer springs), and offers less nose dive under braking (but in exchange the '88 offers more nose lift under acceleration). The '88 offers the same handling characteristics (understeer comes to mind) as the early chassis, just tries to buffer it with a more mushy ride.
The '88 offers a poorer road feel, is slower responding to steering input, and seems to be slower turning-in as a result of the "improved ride".
What people feel most when they go from an early chassis to the '88 is the improvement in the rear suspension, and the elimination in bump steer. The heftier brakes are obvious also.
But if they put the '88 cradle under their car, and run a beefed early chassis front end they have the best of both worlds.
Now, that isn't to say the early front suspension was good as is. I am an advocate of a larger swaybar, Koni shocks, either Eibach or Suspension Technique lowering springs, and by all means poly bushings all around. I have never used the lighter/stronger tubular A arms, but they would probably help a little also.
A properly set up early chassis front end will certainly outdrive a similarly setup '88 front end.
The brakes are a concern. I use racing pads on the front with a proportioner, braided lines, and synthetic fluid. Coupled with an aggressive street pad and braided lines on the rear (necessary for the cradle swap anyway) I find that this is a far better setup than the stock early chassis brakes, and about equal to a stock '88. I don't particularly care for the GA conversion if any plans include competing in autocrossing, as the GA brakes are adding about 12 pounds of unsprung weight (6 on each corner). The GA conversion is a good option for the street though.
This is all IMO, based on several years of SCCA racing in Fieros. There are others out there with the same early chassis/88 cradle setup. Greg Duncan of Team Python couldn't believe how much more nimble my 84 Q4 is than his 4.9 powered '88, for example. That is why he bought it from me!!
Hope this helps
G
[This message has been edited by cadero2dmax (edited 12-19-2001).]