Today (1/26/05) is my fifth anniversary with this car. It has 50,790 miles, and hasn't given me a minute's trouble. 24 mpg minimum, and a lot of the time it gets 26.5 mpg. I think it's a very attractive car, perfect for short commutes. My only gripe is that it is not a very comfortable car, it's noisy, and the ride is a little rough. I can last 30 minutes at a time before I feel the need to get out and stretch. I'll be trading for something more comfortable and more useful. This is flashy personal transportation that handles well. Enough room for a week's groceries in the trunk. No room in the back seat for adults, so forget it, just fold the seat down and leave it that way.
Good looks, great handling, flip-down seat.
No point in making suggestions, Honda discontinued the Prelude. It needed better seats and a telescoping steering wheel.