Yes, quite. I don't particularly think the current Lotus Elise itself actually adheres to the lightweight philosophy all that well anyway- the first gen did, but it's been on the bacon sandwiches since then, I think.
980kg for a Elise 190 with comfort pack (so leather and aircon)
Unfortunately the nanny state EU legislation means we can't ever have truly light cars because they represent fun, and you know what the EU is like with fun.