Peugeot 207 2009 with the new engine range

What do you think a 120 horsepower engine will do on this small car? The new engine was co-developed with BMW and is the same engine that will be on the 1.6 MINI Cooper. I think the 207 has great potential with this new engine
http://en.wikipedia.org/wiki/Prince_engine

The current price of the 1.6 manual is 106,000 from el tawkeel. Some people say it's too expensive for a small car, but I say look at the Polo, which is a much weaker car and costs 125,000 now