IMHO... I'd say 6spd to 5spd was an unusual "upgrade" for a K. I think you'd be disappointed if you drive on track, and regret it. Depends on what you use it for, but I find a set of earplugs/general avoidance of motorways resolves any small issues I have with "touring".
If you are even considering an R300, or you aim is to move towards R300 spec, I'd say you really don't want a 5spd. Not many 5 speed Superlights around (if any!)
In short, go for the R300 😬
What is the "fresher" 1.6K giving you? Less mileage (doubt that matters, unless your existing car is very high mileage), nicer paintjob/general cosmetics (go to TSK and get your OWN done).
[with apologies to all those very happy 5speeders!]
AB