Faults:

Driver's side A/C ($140).

Tie-rod ends ($70).

Brake pads ($60).

General Comments:

This car has amazing handling, it can go round a corner faster than you can think. It goes straight quickly. It stops quickly. It has TC, TC off, and Competitive Mode.

It has on board diagnostics so the car will tell you the trouble codes; although this has not been put to use yet.

Its seats are comfortable.

The radio sounds like a proper radio, although it is seldom used due to the LS6 radio up front.

The fuel economy is stellar on the freeway at 30 MPG, however in town I get 12 MPG; let's call driver error on this one, shall we? ;)

Faults:

Recall on the steering column. That's all.

General Comments:

I "upgraded" from a '94 Corvette to this 2002 C5. I use this car on weekends and nice days. Each generation of Corvettes get better. This car is comfortable, powerful and a sheer top-down pleasure to drive. I love the heads-up display and complete array of gages and instruments. This one is bright "resale" red and is beautiful to look at. Performance is awesome yet docile when it needs to be. Gas mileage is terrific, typically 25mpg+ on the highway. Depreciation is minimal and owning a Corvette puts you in an automotive "family" of other friendly owners. If I had to drive it every day I could, it is that practical to drive.

Faults:

Minor valve ticking after break-in period. This was expected since this is a solid lift car instead of usual hydraulic lifters.

General Comments:

This car is awesome in every respect. Superb road adhesion, steering feel, and acceleration. The traction control will not allow much tire slippage, but if you are judicious in throttle application, you can bark the tires in the first four gears without the traction control taking over. Traction control can be turned off, but tires will probably not last long. Besides smoking tires are not as much fun as being slammed into the seats.

The seats could be better if they had tighter side supports. The car is capable of a considerable lateral G, which makes you want for a more planted seat position. The Ferrari 355 holds you very well whereas the Corvette will allow your torso to slide in the seat a bit.

The paint quality is great for a production car, but still cannot be compared to more expensive cars such as Ferrari or top shelf custom street rods.

The radio/cd is pretty much unused. The engine note is a beautiful orchestra that just fills the soul with joy and the veins with adrenaline. When the car is new the exhaust sounds weak. It eventually breaks in and sounds much better.

This car has awesome fuel economy. I have seen as much as 33mpg with the right speed and gear. The low weight from titanium/magnesium exhaust, low-mass battery, glass, wheels, and reduced sound padding helps on acceleration and fuel economy.

This car is very fast and you cover a lot of ground every second. If you want to find this cars limit you'll need a lot of open road free from other motorists to be safe. This car will also brake much much more rapidly that most other street cars. If you stop too fast the fellow behind you will probably not stop soon enough.

Gripes:

The rims are hard to clean completely. A small toothbrush is great for the brake calipers and a foam wash pad cut in half to pass around the inner ring of the rim.

1-4 shift lockout. The EPA mandated that a shift lock engage from between certain RPMs in first gear so that you are forced to shift from 1st to 4th. This will catch you just past 2000rpm when you are trying to go a little faster with out "getting on it". Most of the time you will shift around 1800rpm.. Sounds low, but the motor has plenty of torque for it with out bogging.

Hope this helps ya folks.