The looms are the same. This is already confirmed, one of our members runs a 1242mpi engine on the stock loom for the past 6 months. Pin 18 from the ECU ends to the single injector on the SPI 55/60ps and in parallel to the 4 injectors on the 75ps mpi. So, if you fit the 1242 mpi engine, you just have to change the last part of the cable in order to connect the 4 injectors in parallel. Much more easy than changing the whole loom (which in fact is 100% the same for the rest of it).
See the schemes
60 spi loom
http://www.puntoclub.gr/files/punto60.gif
75 mpi loom
http://www.puntoclub.gr/files/punto75.gif
Greek descriptions, but it's easy to see the injectors to the right, connected to pin 18 at both schemes.
With the above setup, the only other thing you have to do is plug an 1242mpi ECU and drive away. This must be a year 94-95 unlocked ECU, in order to avoid immobilizer code problems.
What i am going to do, is to make a custom chip for the stock ECU, which will contain the injection and ingition maps of the 1242mpi chip. i believe it's a fairly easy job for a tuning shop, and this will also keep our immo working. Plus, i can make multiple copies of this chip (i have an eprom copier) and share the expenses with rest of my club members who did (or will do) the same engine upgrade.