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Eds, you need to be cleear if you are talking about gens of MR2s or gens of the MR2 engine.
People put the turbo engine into MK1s for a varety of reasons. Some like the body style and other want the drastic performance advantage of a car that is several hundred pounds lighter. Others simple love how the MKIs handle ... they are completely different than the MKIIs.
As for engines in the MKII, some people get all excited about the GEnIII engines because they can say they have a "JDM" engine and/or because under some very specific situations, it offers a power advantage.
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