Well, I've had time to digest all the great inputs to this thread, and to sleep on it a few nights, and have all but decided that I'm going to keep the car, and turn it into predominantly a track car. I guess as long as I keep the shiny side up, and the tires on the paved part of the track, the degree of abuse seen on the track isn't really a whole lot worse than what one can run into during the course of the daily commute.
As far as my getting to my vanpool pick-up point, I'm not interested in riding my bike. The drive from my house to the pick-up point is anything but bike-friendly, plus I need to carry my lunch back and my gym bag (we have a gym on-site at work that I use almost every day, so I really don't need the extra exercise from riding my bike). Plus there's the matter of my co-rider. So, the only reasonable solution is to drive the 968 on the days it's my turn to drive, and put a car cover on it during the five-month-long Central Texas summer. If I'm going to turn it into a track car, I will most likely add a plexiglass rear window anyway, which will take care of the hatch delamination issue.
Now, as far as my plans for the car, here are my thoughts:
1. Remove the clutch and flywheel, replace the rear main seal, install an 18 lb single-mass flywheel, and a new clutch. I've already started on this.
2. Pull the oil pan, replace the connecting rod bearings, obviously the pan gasket, and possibly add a windage tray. I'd also like to install a three-piece cross-member, to make future excursions into the oil pan drastically simpler.
3. The lower balance shaft seal is very acccessible with all stuff needed to get to the oil pan removed, so its replacement, normally a royal pain, is simple.
4. Re-seal the power steering pump and steering rack, and install and RS Barn rack tack
5. Install the D1R AC and power steering pump tensioner kits
6. Remove and rebuild the head, and obviously install a new head gasket, and new belts and variocam pads and chain
7. With all the stuff needed to remove the head out of the way, access to the tear in the firewall should be greatly improved. I know a guy at work who welds, so I'll invite him over to my house to fix the gash. By then, D1R's new "corrective" firewall brace will hopefully be availabe, and I'll go ahead and install it.
8. After consulting with all the experts, come up with the appropriate suspension mods (starting with coil-overs for sure), and install these, since much of the front suspension will be off to get to the oil pan.
9. Remove rear seats
10. Install the D1R chassis brace (if I can convince Flash to make one for me), harness bar, and harness.
11. Install lightweight racing seats (from what I hear, this may be the most difficult part of the entire project!)
12. Install RS Barn cat-back. Sure wish I could come up with some ways to take weight off the front; it's so much easier to take it off the back...
13. Remove passenger side airbag, and add a sports steering wheel
14+. I'm debating whether I should go ahead and pull the pistons, replace the rings, and install heavy-duty connecting rods. My hesistance is the apparent need to pull the crank to have it and the new rods balanced as a unit. Can the crank be removed without removing the engine? And if I do all this, I'll replace the main bearings as well. The rings and main bearings, however, are quite expensive, so I'm going to really have to think this one over. This may be the point where the slope gets a little too slippery...
Based on Craig and Flash's inputs, with the right set-up, I should be able to significantly lower my lap times below where they were when I left off. As I wear out my tires, and gain driving skill, I'll go to R-compound tires. Then, the next step will be the supercharger. Having been with my company since around 1890, I get a ton of vacation, so I'll be able to take enough to hopefully knock this formidable-looking list of items out in a reasonable amount of time. I sure look forward to getting back to the track - I've developed a terrible tick from the withdrawal that has resulted from being away for so long...