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I agree with Lusty TBH. It does has far too much power, given the ridiculous colour, bodykit, and exhaust. It should have 27bhp, so that everyone get more time to laugh as you drive past.
Having driven this and a Trophy, no doubt the 202 is quicker in a straight line. But it wouldn't keep up with a hard driven Trophy on anything other than a-roads/mway.
The only way this will ever be sorted is if you all get together, write a letter each to renault and to someone like watchdog. For the hassle of writing a short letter (or all sending the same letter individually signed) you might save a few hundred pounds!
Waste of money's a bit harsh! It's not my fav car (the 197) but plenty of people think they're fantastic, I think you need to have a good drive in the r27 before deciding. But if it's an option, I'd go R26.