I've been through a full set of EBC grooved discs, and they were crap!
Cracked to bits in less than 10,000 miles!
Changed to Black Diamond grooved and drilled, these lasted about 25000 miles, now on a set of grooved and drilled from e-bay, so far (about 5K) seem ok.
Always stuck with green stuff pads, mainly due to the very low amounts of brake dust created.
As for lowering the best way is Irmscher springs, if you can find a set, but keep looking as i got a brand new set off e-bay for considerably less than £100!!
Alternatively go for an aftermarket set of springs or a fully adjustable coil over set up

Exhaust wise, i went Powerflow, but a custom system is not that much more than a GM OEM one plus you get to 'tweak' the sound how you want it
Try this lot for aftermarket bits
Motorsports World (option for car specific search)
Very helpfull and fairly cheap
Best engine mod to a 2.5 is sell the car and buy a 3ltr! By far the cheapest way of getting a reliable increase for very little expenditure
