Hi Paul,
Have a look on Google and try and read about the main components of suspension geometry to understand what caster, camber and toe in/out really do to a vehicle. You don’t have to read pages of really tech stuff by a suspension designer!! There are lot’s of easily read articles on how each effect the vehicle.
Every adjustment is a compromise because anything you do at the front effects the rear and vice versa. If you use it on the road and track it is even more of a compromise.
Caster…more caster you have the more stable it is in a straight line but it won’t turn in to a corner and will understeer, think “chopper motor bike” with extended forks. Less caster and it will turn in quicker but can also turn in so violently that the rear will let go, think GP racing bike with straighter forks.
Camber…negative camber at the front prevents understeer and the front won’t plough straight on unless you have excessive caster. Negative camber at the rear helps the rear end grip…too much and it counteracts what you are trying to achieve at the front!! You are now starting to see how everything is a compromise! Lowering the car gives you more negative camber … raising it less.
Toe in/out effects how the car turns in too and how the wheel turns on its axis.
Roll centre makes a HUGE difference to how flat a car handles and how much poundage you need in the springs but it is a whole new subject that can almost be ignored with the MX5 unless you go seriously low.
The really great thing I am enjoying about learning about my MX5 is that it is a very adjustable car as far as suspension geometry.
My Sprint/Hillclimb Celica I can adjust the front but the rear is 4 linked and not adjustable so I have to adjust the front as best I can without compromising the rear and fortunately the car is very neutral.
Your readings are really a big cause of why your car is not handling great. You have negative and positive camber at the front so the car will be better on either left or right hand turns depending on which side as the right camber.
Mazda specs are set to very wide tolerances and always on the safe side. They don’t want an oversteering car from the factory but rather a car that gently understeers to let the driver know that “perhaps he is going too fast”. So if you go in for an alignment without stating specs then that is what you will get.
“Fast Road settings” are a good compromise. WIM , the Miata Forum all have their own variation but are fairly similar with little tweaks.
I tweaked mine for what I thought would suit my driving style. I’ve gone from rallying on gravel where you throw the car in to tarmac where you drive much smoother…and quicker!!
For what it is worth here are my settings. I have AD08 tyres which grip like hell.
Front camber is 1.25 negative
Front caster is 5.4 degrees
Rear camber is 1.5 negative
Toe in front/rear is 0.12 total
The car is very neutral and chuckable but if I wanted more oversteer I could increase front camber OR reduce rear camber! You see how everything is a compromise??
I’m not an expert, or pretending to be, just passing on my observations of car behaviour as a keen enthusiast trying to make sense of it all!!
Hope this helps a little.
Good luck!