I'm basically pleased with the car. It's a lot like my old Honda Civic I had with a 5 speed manual, but to me the Honda just "feels" and looks like it has better build quality. I only have 22K miles on it, so I guess only time will tell if it holds up. It doesn't have the power my Mitsubishi Galant has, but my Galant only gets 23 mpg city driving. My only other real beef is that I'm only getting 27.5 mpg with the Rio with combined city/highway driving. Other than that, it's a snappy little "bundle" with decent trunk room and back seat and has a fair amount of pep as long as your not trying to pass someone going up hill.
Pretty good "bang for the buck". Has enough power to get around OK. Has CD player, AC, dual mirrors, fold down back seats.
Wish the fuel mileage was better. Feels a little cheaply made. Maybe some "real" looking carpet on the floor, or something. Needs a little better suspension at higher speeds. Kind of noisy.