Sounds good on a basic level, but the bigger question is: How are you planning to do it? On what kind of budget?

There are two strategies I can think of...

1) Just get rid of sh*t ya don't need.
Stereo, AC, Power Steering, Tar Sheets and under-carpet noise insulation, rear seats, etc all fall under this (power steering might be a bit much if you parallel park a lot).

2) Do step #1 and also fabricate the sh*t you do need out of lighter materials.
Tack on a Carbon Fiber hood (easy), CF doors and trunk/hatch (not easy or cheap, would require custom fab and LOTS of $$$).
You could also replace your front and rear windscreens for the lighter ITR ones...

The underlying premise is rock solid. The cost efficiency and aesthetic issues are up to you. :thumbup:

If it were my call I'd say leave the carpet and rear seat in, but strip the tar insulation, ditch AC and stereo, get a quality CF hood (don't forget hoodpins) and get rockin. That should drop around 200lbs (wild ass guess based on the work I've done to other cars I owned) and not end up looking like a theft recovery.

My 2˘.