who here has previously owned a cobra (or mustang)...?

Old Chuck

I too have always been a Mustang fan and can see the advantage of the torque from a V-8. I also am impressed with the handling of the 370Z after a couple of drives. Both cars offer a good ride. The 370Z is more rewarding in its basic form. With the Mustang, if you don't have at least the factory track pack option you will give up a few seconds around a track and it feels loose and sloppy. The basic Z will do much better even without the sport pack. It seems that many who buy the Mustang are only interested in the look and not performance. However, with the Mustang you never know what someone has done to the Mustang. I am on the fence about which to buy but am leaning toward the Z due to handling feel. Will reserve my judgement till the 5.0 Mustang has some miles on it. You and several posters are correct in that high HP and torque is nice however, most times you can not use them on the street. I felt the 370Z's power very useable and easy to control.