Hi, Yokohama A008 in 165/70-10 are a very good tyre at a reasonable price. I have personally used them with 4.5" reverse rims and they behaved well other than being a bit slippery in the wet when pushed but not lethal like the Falken crap . I`m now waiting for the Falken lovers to slate me but the only people that like them drive like granny's :)
I have also used the Yokohama A032R and found them to be excellent all round but they wore very quickly. It was less than 2000 miles for the fronts and the rears were quite chewed up on the outer edges but there was a track day in that and they were soft compound.
I`m actually using Dunlop Aquajets in 145/70-10 at the moment as I had a very good deal and they look "period" on my car with the reverse rims. They felt a bit squirmy to start with due to the deep radial tread grooves but i have to say they are excellent in the wet and just seem to keep on gripping.
So personally I would go for Yoko A032R for max grip, Yoko A008 for a happy medium, Aquajets in 165 for maxgrip if you have a mk1/2 and want the period look badly enough to spend £111 each on tyres.
There is also Dunlop R7`s in 165/70-10 and word of a new tyre from Blockleys on the horizon but I can`t express my opinion as I have not used them.
I can however express my opinion on Falken SN-807 145/80-10 and they are nasty and only fit for trailer tyres and the Falken old model 165/60-12 , Nasty in the wet and couldn`t get traction during hard acceleration in 2nd gear in the DRY.