The ITR will always be faster than the CTR. With equal drivers that is.
But dropping the B18c into a civic type r will yeild even better results. I'm not even speaking about the DC5/EP3's because we (here in America) don't have the privilege of owning them.
I have an ITR engine in my 99 civic.. and it's great. I don't race it, but I'd like to. It's decently quick. Definetely a powerfull high revving engine. Also, here in America, the insurance on ITR's is insane for most people because it's loved by criminals everywhere.
I'm selling mine for a 240 though. I'm tired of FWD.
If I could have a skyline though, I'd take it in a heartbeat. You guys are so lucky.
EDIT: I forgot to mention, FWD hondas are not easy to launch. (for the drag racers) It takes some getting used to. Having an LSD like the ITR/CTR helps BIG TIME. Sticky tires are a must.
And for those even asking about whether the ITR/CTR would keep up in the straights with a skyline, there is no way. It might be close, but the skyline will come out on top.