There's twenty new horsepower in there. The front brakes are bigger, too - AP Racing four-piston calipers - and you get a heavy-duty clutch without even asking. Two hundred and forty ponies churn those rear wheels into a frenzy, compared with the Exige S's 220 hp. (That's where they get the name, see: Exige S 240.)
Sure, you'll pay four grand on top of an ordinary Exige S for the privilege, but at an abominable 4.1 seconds to 60 mph, that car couldn't outrun a dead walrus.