The only thing that ever went wrong with this car while I owned it was the battery failing, merely a result of the batteries age.
I can't say enough great things about this car. It's quite fast (a little above average as far as mid range sports cars go), handles incredibly, and very stylish too. It had a perfect record as far as reliability went (although I only put 25000km on it, and it's still in it's youth), and was pretty decent as far as fuel economy too. The factory stereo system is pretty nice (though I replaced the deck).
If I have to pick some weak points on this car, the obvious one is that it is expensive to maintain (even just regular maintenance), and when it does start to have issues as it gets older, I'm sure things will get worse. Next, I found this car to be a 2 seater, since I have no midgets for friends or children, I could not get anyone into the back seat. They're basically just decoration.
This is a great car, if a car is what you're after. A nice hybrid of sports and luxury, with the Honda reliability and performance. I would highly recommend it. I ended up selling because I found I needed an SUV with more passenger and cargo space. It really held it's value well from purchase to resale (2 years)!
I must agree with you both, I to Have a 1998 Honda Prelude SH
and it is a great car to drive! but yes my car also has battery failure, but it happens at the oddest times.