I've had my S40 since June of this year, and am so happy with it. I love the way it looks, it has a great ride, and great performance. I can't wait to see how it does in the New England snow this winter, as I mainly wanted this car because of its AWD. I went with the Select Package, which includes the sunroof, larger wheels, and upgraded stereo. The sound is awesome; everyone comments on how nice the stereo is. Can't wait until the C70 convertible, based on the S40 platform, comes out next year.
Stereo, performance, style, comfort, roomy interior for a small car, solid feel. And love the fin on top of the car, too!
Please, please put a bigger gas tank in future models. At just over 15 gallons, I have to fill up way too often. Gas mileage could be better, but I notice it is improving now that the car has 5000 miles on it and has had two oil changes. I'm getting about 26.5 if all highway, 25 combined.