A REPLACEMENT for the cultish Peugeot 205 GTI has been a long time coming but the new 206 version does a capable job of bringing the legendary hot-hatch into line with expectations of the 1990s. The new car offers more performance, more space, more safety and a lot more refinement than its basic but effective predecessor. And the price is actually less than the 205 GTI when it bowed out in 1994.