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Honda engines have a long life expectancy if they're treated right. If the engine hasn't been abused, and it's been well maintained, go get the compression test done and see if that's good.. I have experience with a two civics that have 400,000+ km on them. Mind you, they're sure not boosted hehe. They still pull hard though!
Get the compression test done, if the piston compression is good, consider having your head redone (new valves, guides, springs, etc), your ignition system replaced with new OEM or aftermarket, and consider upgrades to your cooling system like having the radiator replaced. I think you'd look at getting most of this done on something with less miles anyhow (excepting maybe the headwork).
Depends what you'd be more comfortable with, I guess. Both look like a little bit of a PITA hehe.
Steve
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...don't panic
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