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I don't know of anyone who has had trouble with long-time use of E85. It does add significantly to performance. There are only a few tradeoffs. Sometimes it's hard to find and you can't drive quite as far on a tank.
That Miata motor is as close to bulletproof as you'll find. OEM hardtops for NAs and NBs are still available here and there, if that's your preference. My Mazdaspeed Miata had 100,000 miles when I sold it, and I wouldn't be afraid to run it another 100,000. Much as I like my '14 Monogram edition, I'm still not sure I made the right decision.
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