Sounds cool and has potential. Always liked the Alfa GTA models, although part of the appeal was down to the V6 which obviously wouldn't be a good idea in a car this size. A shame it won't have a proper limited slip diff like the diesel 147 Q2 models though - Renault have shown they can work very effectively without being uncivilised.
On the MiTo in general, I'm not 100% sold on the looks, unlike the gorgeous 159 and almost perfect Brera (if only the wheelbase was longer!), but I'm liking what the Italians are doing right now and they're producing many a good alternative to the Mini.