Heres my take... As I owned one for some time.
I had a 1993 4cyl 5-speed, the fastest N/A 4cyl fox body out there. The car was very, VERY underpowered. It takes so much throttle to actually stay with traffic, it gets so so mileage (mid 20s on the highway, low 20s at best mixed). It was scary merging, or pulling out, and it was AWFUL in the snow, to the point it didn't move much under its own power. I went through clutch cables, a clutch, and dealt with a lot of water leaks (not a 4-cyl specific thing). The motor ran great, and the tranny was good, but the car was grossly underpowered.
I got rid of it for my Audi, and now my F250. I personally would get a 5.0 over a 4cyl as a DD. A 5.0 hatch with a 5-speed and 2.73s or 3.08s should get similar mileage, be BETTER in the snow, and IMO easier to work on. More aftermarket to get better mileage and keep it running, and 15x the fun and excitement.
A 4cyl isnot a gokart, it is a heavy, underpowered car with all the problems of the 5.0 and none of the fun.
Of course IMHO, from my experiece.