Purchased the car just under a month ago, and am still impressed by the overall quality of this 'Lude. The 5th gen is by far better looking than the 4th gen. Most the editor reviews will tell you the interior and exterior are lacking on the 5th gen. I could not disagree more! If nothing else, choose the 5th gen over the 4th because the 5th comes stock with vtec. I am not impressed by gimmicky features, and this car has none of those. It is a sports car. If you want something with plenty of room, get a 4 door accord. the Prelude I own has just over 110,000 miles on it, as far as I know it has not had any major mechanical work done.
vtec. Front seats. Overall performance and handling - above 4000 rpm the H22 screams, the car sticks to the road like glue. Overall exterior styling - the 5th gen went back to the 3rd gen design after slumping sales in the 4th gen - way to go Honda!
Rear leg room. Lumbar support. More low end torque - the slowest part of acceleration is from 0-15 mph. More cargo space. Higher 5th gear - the engine does 3000 rpm @ 60 mph - kinda high for fuel economy. Lower 1st - 3rd gears - @ 7000 rpm in 3rd you're already doing 90 mph.