The car performs extremely well for it's class beating almost all of its rivals from traffic light to traffic light.
It tends to lack grip when taking sharp corners, but it is not difficult to stay in control of the car at all times. This is probably because of its thin wheels.
Breaking is decant, as can be expected with thin wheels and no ABS.
Absolutely nothing has gone wrong with the car as of yet (48000km) although I am a bit of a conservative driver and I make sure that the car is regularly serviced.
The car looks good, sounds fine and has a quality interior with no rattling.
I would recommend a new corsa lite to anyone who is on a tight budget and wants a fun little car that will not give him hassles any time soon.