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If like the article says they are using the same FM platform, they bettr use a lot of aluminum to take that weight off. On the other hand a 2 liter turbo four can sure produce enough pwer to move the weight as there isnt 30 lb difference between my Evo and my ZR, but it become a totally different driving feel and mileage be better with enough power won't be cheap. JMO but if this prject is going to show up by next year color me doubtful.
Nissan won't reinvent the Z unless Porsche reinvents the Boxster. Stealing sales from potential lower end Porsche customers has been Nissan's target sales market for the Z for decades.