I have owned the car a year now and have about 3500 miles on it. It is undoubtedly the most fun car I have ever owned or driven. Also the sexiest looking. The appearance of the 3rd generation version is a major improvement. The handling is exceptional. It could use a little more power and low end torque, but a turbo would fix that. Maybe a MazdaSpeed version in 2008. I wish I had waited a year and got the PRHT, but I would have sacrificed a year of great driving pleasure. You can't go wrong with value and fun for under $30K.
Steering wheel controls, great looking inside and out, superior handling, Just flat out fun to drive.
Add turbo for 2008. Upgrade leather seats and interior trim. Other than that, wouldn't change a thing.