More like purpose. The car is meant for spirited driving. It is somewhat underpowered, but the purpose was for fun driving - for which it is more than capable. The car was not designed to be a straight line car. It has more of a European feel to it.
You can add power enhancements to it, like any other car, but the best I have heard of is low 13's (maybe high 12's). While that's nothing to turn your nose up at, (especially for 4 cylinders) it's not fantastic. After you've spent nearly 25 - 30k (including the price of the car) on the car, you can run as fast as stock Cobras - and they have a long way to go in terms of performance enhancements. I should think a V8 would be more appropriate for 1/4 mile stuff - or perhaps the SRT-4.
As far as I'm concerned, 1/4 mile times are mostly irrelevant. I'm much more interested in truly driving the car.
Talk to godspeedless. He's got my car now.