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If the 14 is going to be a baby cruiser, replace the shocks on all four corners with GR2's and worry about being lower later down the road if you still have the S14.
If the 14 is not a baby cruiser, save your money and purchase real coilovers when the money is there.
If you want to keep the comfort of a DD while lowering the car, lowering springs. No coilover near your budget or what you're probably willing to save is going to ride like a cloud. Instead, it will bounce you around or make noises that you've never heard before or it'll blow/break and since you're in HI, you may have to worry about rust with cheap coilovers.
Don't forget to replace dust boots for the strut piston if you do decide to go that route.
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