Get the heck outta here! That's a 2002 and it has a radio THAT straightforward? That's the exact console (sans wood) as my 2000 V70 . Man, just yank that thing and put in the empeg + CD head unit.

<bracing myself to get yelled at because I know the stock stereo is so good> Ok, nevermind. Were I in your shoes, I'd mount the empeg in the worthless cavity under the glove box (if the 2002 C70 has it, that is). Man is that worthless, but you could mount the empeg in there and angle it right at you for good viewing and access via the remote (or stick remote on the wheel).

Good luck. Oh, and let me know what speakers you're considering. I'm going to consider speakers soon, but I really want to do my homework (ie: read the book called "The Car Audio Cookbook") so I get proper speakers to accomodate the cabin of my car.