Not to try and get you over-excited, but I bought my setup from a member here (rayray086) and I got a seriously fantastic deal (<$500). I'm currently sitting on eibach springs and koni shocks; and there's these ''coilover sleeves'' that are matched to my springs that allow me to adjust my ride height.
If you're keen on lowering the car now, just keep looking out on places like the forsale section here, maybe throw a thread into the wanted section, check ebay, check overseas sites etc. I would think that bags would be a huge job (maybe one to tackle later on down the track?) and if you're still happy with a practical ride height then you should just go springs and struts or coilovers.
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