1.6L charmants use a 4ac don't they..?
I'm not sure whats available to you over there in the uk, but personally in my opinion if your gonna build a cruizer just go for some king springs, although they do still sit relatively high as they come, just get them compressed. koni shocks are good, trd is better, though you don't need the best of the best if your not going to be stressing them that hard me thinks.
also whats the size and offset on the equips..?