It will be a pain in the twat to drift a KP, the wheelbase is too short and it'll be far too twitchy, unless you set it up so it breaks the arse end away easily, but you won't be able to drive it on the roads.
KP's are awesome, they're like Mk1 Fiesta's, but sooo much cooler and RWD. I'd buy one in a shot if I had the money too.
PS - If you want a cheap drift car, buy an s13.