Very pleased indeed with my purchase. We initially had one as a rental car, and I was surprised by how well it handled and how good the build quality was.
Our Cruze LT handles great for a car of its size; it has reasonably firm (for North American standards) suspension, it's very chuckable around corners, and I dare say it has a slightly sporty feel. Composed and refined over bumps (there's plenty of these in Nova Scotia), after test driving many other cars (Mazda 323/626, new Toyota Corolla, Nissan Altima and many more) this was the best for the ride.
Small engine, but you wouldn't know it - I thought it was a 2 litre in the rental car (our car is the 1.4L turbo). Only a little turbo lag, but for regular driving you wouldn't know it. Put your foot down and it goes at a reasonable pace.
Build quality is very good. Interior materials are not very high quality, but very acceptable for a vehicle of its price range. Exterior is good, our car is an ex-rental car and there are barely any scratches or chips on the outside. Feels like there has been a bit more of an effort protecting the areas where the sheet metal folds over from rust; the edges are all sealed with some kind of flexible strip and painted over.
The body feels very rigid, no creaks or sounds within the cabin. It feels like you are driving a much more expensive car, it's fairly quiet. Steering is on the light side, but it's effortless to drive, particularly around town. The body rigidity probably helps with making the ride so good.
Interior is thoughtfully laid out; go for the reversing camera option as the infotainment screen is way better than the basic one, and the reversing camera is actually quite handy.
Only downsides for me are the closeness of the dash and centre console to your knees, the small legroom in the rear (just about OK for big kids), and the tightness of the front seats. I'm slim-ish, but find that the seat bolsters squish my butt on a long drive. Chevrolet should have made the interior slightly longer and the engine bay slightly smaller - there's quite some room around the engine.
Not quite as good on fuel as I was hoping (average 7.5 litres/100km) but I guess not bad either for 50/50 city/highway driving.
If you are considering a new car, the Cruze may surprise you.