Shailinder, if you refer back to your post dated 16th oct, you are not happy with the turbo lag. Hence I mentioned regarding Figo and Ritz as alternatives. Ritz particularly is good to drive with minimum turbo lag and same is the case with figo.
Now regarding your original question of old 1.4 diesel fabia, my answer will be definite "NO". It has lot of clatter and anyways the material used in old Fabia nowadays is also stripped down in terms of quality.
I have test driven Old and new Fabias in Pune. I have always kept a close watch on this baby skoda since its launch in India.
My definition of TD= literally testing the limits of any car in extreme conditions. Not a 1-2 km drive. Hence I thought my experience would be useful for you to finalize a good car for you.