£14,500 does seem a pretty good price on its own. I guess the spec is the important thing. What do you get for the 14.5 large and what are you gonna want extra.
Having said that, my Type R's costing me £16,000 and that's without your usual luxuries i.e. no aircon. In fact that's the only optional extra!
Basically it's just and engine, four wheels and a few seats but that's what is was designed for!
If you're getting a few luxuries thrown into that £14,500, there are going to be a lot of happy potential S owners and maybe a few disappointed existing Cooper owners?