PERU Some dealers had been disappointed in Edsel Ford's new Mercury, feeling a six-cylinder Ford would have been a better idea (which was, in fact, the original concept). The Torino Cobra returned as Ford's "budget muscle car" with standard 360/375-bhp 429 V-8. Here, Ford applied "mini-Taurus" styling to the latest version of Mazda's small, front-drive 323/Protege to produce a competent Japanese-style subcompact with much greater sales appeal against rival Toyotas, Hondas, and Nissans.|Will it Pay Off?