You have yet to point out any relevant arguments why current MR2 should have been successful or why it wasn't. So your either arguing for the sake of arguing or you work for Toyota
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I already pointed out why.. Cost.
Theres a very real arguement that throws your "it doesnt look sporty" out the window... The original MX-5... A guy couldnt look more gay in a car if it was pink... But it sold fantastic due to its dynamics and cost. Prove the car below looks sporty, and I'll drop my arguement.
The mid engine is simply more expensive to make. GM, for example, is on record that one of the reasons the Corvette is still not MR is due to the costs involved. Given GM made the Fiero at the begining of this thread thats even more relevancy.