Coilovers + performance shops + sway bar

sure… but as always you do get what you pay for… Personally I regard Ohlins, Bilstein, Koni, Gaz, BR (+ there are a few others) superior suspension manufacturers (in regards to quality and knowhow) compared to to the MeisterR

Again, the choice should depend on your priorities and what you want to do. For example in my case I wanted a great suspension that works well both on track and on the bumpy public roads - so I got the Ohlins.
If I wanted one that would work on track but price was an issue I’d look into what BR or what Bilstein can offer

for reference
MeisterR ZetaCRD Coilovers for Mazda MX-5 (NC) 05-14 Quantity: £949.00

Ohlins Road & Track Coilovers For Mazda MX-5 NC £1,914

BR suspension
https://www.bc-racing.co.uk/applications/mazda-coilovers/mazda-mx-5/mazda-mx5-ncec-06.html

For example BR offer one which is the same price and function as the ZetaCRD. If you want a proper track focused suspension with remote reservoirs BR also have your back and the bonus is that its more or less the same price as the Ohlins.