No need for a ventectomy on a NA... nothing to clog. If you have oil blowby, you need to re-ring the pistons, easy to do... drop the oil pan, 2 bolts per connecting rod, number the rods/pistons, re-ring, put each one back in the hole it came out of.
How to check if rings are bad? hard to start when cold, blue smoke.... Or you can take the car for a drive to warm it up, leave the motor running, and carefully remove the oil cap.... If you have massive amounts of smoke inside while running that blows out the oil cap hole when you remove it, You've got blowby, could be you've got bad bores or need to re-ring. These motors will got 400k miles easy, usually need reringing at 200k, 300k and every 100k from there until you decide to bore them out. Lower bearings last forever in these 1.6 NA's.
For more power to the wheels, disconnect the power steering belt. These things are not safe on highways or interstates where the majority of traffic drives over 65 or 70.... You can not safely accelerate up to speed to merge with traffic.
Makle sure you check the tensioner after 1000 miles after doing your timing belt.
If you need to be cool, just get a K&N sticker for your air cleaner box, forget about the K&N aircleaner itself, they wreck motors by passing too much dirt and you will get zero increase in performance with them, sitck with the paper elements.
Do a new stock Mann air, oil and fuel filter, and run a good CI-4 rated oil like Rotella T or Delo 400 petro based oil, and please dont crash it!!!!!
That means that if you are a Newbie driver, pay attention to your driving and not the music channel, your cell phone, or your passengers goofing off next to you, or the soda you just dumped in the passenger seat from the drive through at Mickey D's.
See you soon in the Economy section in the Monthly MPG contests.... You should see 42 in winter around town, 46 in summer, and if you are really good with driving techiniques and do a flatland freeway trip at 60mph in summer with no stops, you might see 52 or 53 mpg.
Stick to stock sized tires and rims... anything wider or larger will kill you on acceleration rates.
This thing is a classic, Mods are to be strongly discouraged. You can redo the odo if you can search and find a new plastic drive gear for the cluster somewhere and install it. Plastic gets brittle and cracks, odo then no longer works.... Easy fix.