Join Date: Aug 2000
Location: Cincinnati, OH, USA
Having owned both a '96 Cobra coupe and now an '00 GT coupe (just modified with Bullitt wheels and the '01 fake hood scoop), I have distinct opinions based on what is most important to you.
style - a tie in my book
stock handling - '01 GT; the linear springs, improved steering feel, and slightly wider rear wheel stance are crisper and less floaty than the Cobra
around-town acceleration "seat of the pants" feel under 65mph with no gear change - '01 GT; you've got to rev the DOHC engine up higher
highway acceleration "seat of the pants" feel over 65mph with no gear change - '98 Cobra, as it really kicks in over 4500 rpm
exclusivity/resale - '98 Cobra; no contest here, as the limited numbers help at trade-in or sale time; having a hand-built aluminum engine is a performance enthusiast's dream in my book
mechanical reliability without engine mods - a tie
build quality - a tie, although both have had things to correct under warranty; throwout bearings, clutch cables, anti-roll bars, seatbelt functioning, vibrating clutch; neither coupe had significant rattling interior parts
I did not mechanically alter either car, so I cannot speak to response to power adders, gears, etc.
Hope this is somewhat helpful.