I purchased a 2001 Prelude from PA and I love it. The V-Tec Mode kicks in hard and the car's sleek body makes it look pretty damn good. It handles like a true racing Machine. I only wish it had more stock HP. I added 200 HP of my own when I rebuilt the engine. For anyone planning on T-Charging the Prelude engine beware of the H22A4 RING LANDS!!! THEY WILL NOT LAST! I recommend this car to new drivers, it's cheap, reliable, safe, and a real blast to drive.
My Favorite feature is that it looks better than the S2000 and the GSR. Honda did a hell of a job creating a look of a real sports car. I'm loving the FWD too, makes the handling real good in wet weather.
Improvements that Honda could have made was to add a LSD or limited slip differential to the USDM preludes. It's a pain to add my own, and cost me 500 $$. Wasn't an easy install either. I would have liked to see a more powerful engine but they canceled the line.