Wow, very comprehensive reply, thanks Willis.
Your reply was very useful and more or less clears it up for me except for two questions:
So, do you need to buy dampers AND springs? Forgive my ignorance - what are dampers?
Is it wise to go lower than 7mm? I was thinking of fitting some 16/15" wheels. Will I get any issues on track days, etc? Any advice on a good height to take it to? I do like super-low cars, but I do want it to perform really well.
No probs, glad to help!!!
You don't NEED to change both your Dampers and your Springs, but for what they cost I think it'd be worthwhile to do both at the same time whilst the wheels are off anyway. You'll have to remove the front dampers to change the springs so it's a perfect opportunity to refresh everything.
A good height is a height that doesn't compromise day-to-day driving. If you can't get over a speedbump then it's a bad height. I've dropped mine -35mm front and -40mm rear and I've had no issues with tyres scrubbing or with grounding out on ramps, driveways etc.... I avoid potholes like the plague as a habit and crawl over speedbumps out of respect for my suspension!!!
On track the standard setup is superb. There was maybe a little bit too much roll for my liking, but it was certainly the best standard setup I've ever pushed around a track. I've not been on track with the new setup yet, but I can't envisage there being any problems, it's been an improvement on the road and so by rights should be an even bigger improvement on perfect circuit tarmac.
It depends what you want from your car. There comes a point where being super low and handling solidly will crossover. You can't have both unfortunately, unless you turn her into a dedicated trackcar and buy yourself some coilovers and a trailer to tow her on. But, look at circuit racers, barring GT3 & GT4 cars, most road-based racers aren't actually THAT low. It's the bodywork and deeper valances rather than the ride height that makes them look so low.
Ryans looks ace and mine is the same height, if you're happy with the look of that stance then go for the H&Rs.

I can cofirm that with Cup Dampers there isn't much of the bouncing that people have reported with FF Dampers, the H&Rs seem very well matched to the Cup Dampers from my experiences.