Yeah, you should only need a small drop though. By the looks of things those wheels fill the arches acceptably anyway, but a slight drop to bring the top of the arch down a bit will look nice - just make sure you tell your insurance company before lowering
^ This. Luckily the 1st facelift and prefaces have a black strip, but if I had a 2nd facelift, that's one of the first things on my list.
^ This too. Micras are no worse than similarly engine sized Corsas, Saxos, 106s, Fiestas, Puntos or any other Lexus light clad piece of junk you normally see rolling up in the McDonald's drive thru. For a start, they're built properly and are normally very well looked after by previous owners, and will come in at the same price of any of the above mentioned cars that have probably been ragged around a council estate for most of their lives.