The joint-project sports car from Toyota and Subaru is now getting far enough along to report at least the following, even though we’re certain much will change. The car is said to be very light, and to use at least two versions of Subaru’s flat, 2.0-liter four, with output purported to be around 200 hp in the RWD Toyota model and 250 hp in the Subaru version. Toyota’s edition bows first, reportedly late this year, and not as a Toyota, but as a Scion, with the name FR-S. The Subie, if it comes to these shores, won’t arrive until mid-2012 at the soonest. Pricing for the SubaScion is expected to be in the mid-$20K range.