Getting good glass is definitely more than just 'new rims'. I would consider it as a huge suspension upgrade... Sure you may not have a lot of power under that hood, but the 'sporting' potential will increase dramatically.
What good is it to have 500hp, if you can't keep it planted... Kind of a waste of all the power, unless you just want to go straight.
Besides, when you do upgrade to a better body, you can rest assured that you'll have some good glass. So in my opinion, purchasing good glass is really an investment.