I've just dropped my MK1 VRS estate in for work on the suspension this morning.
Suspension bushings need replacing around every 40,000 miles or so, as do cambelts. No wheel bearing problems.
Since buying mine four years ago I've had to change the cambelt, suspension bushings, and driver's side window mechanism (caused by tree sap sticking the window shut!!), and one coil pack (£70). Brake discs and pads changed once too.
Oh, and one set of tyres plus a new set of rears following a blowout.
Regular annual servicing, and it runs like a dream, I'm expecting to see at least 100,000 miles out of it (if I don't trade it in for another one!).