Right, well, just something I'd like to say before I get off my soapbox.
Yes, these new cars are nice and well engineered. I just think terms like 'brilliant engineering' are slightly OTT. As I have said, there doesn't appear to be anything revolutionary or particularly special about the way the cars are engineered. It just seems like tried and tested engineering that has been tweaked and modified. Nothing really new or adventurous, but nothing wrong with that either.
Now, if these cars (take the Corvette as an example) are 'brilliantly engineered', then what does that make competition from the likes of these manufacturers and models - Porsche, Ferrari, TVR, Venturi, Lotus, Pagani, Subaru Impreza WRX, Mitsubishi Evo FQ, Honda NSX, BMW M5 etc...? A lot of these cars have managed to get more bhp from smaller capacity engines. Surely that involves more intense engineering, especially from the likes of Mitsubishi, who have achieved over 400bhp from the 2.0 engine (albeit turbocharged) in the Evo FQ? Then there's Honda that have achieved almost Ferrari-like performance in the NSX from a naturally aspirated 3.2i V6 using the genuinely brilliant piece of automotive engineering, the VTEC engine. Not only is this brilliant for the performance it provides, but also because out of the 2,000,000 VTEC engines produced, no VTEC units have failed, not a single one. These cars aren't a great deal more expensive than the Corvette, either. A much more expensive example, the Pagani Zonda, is also an impressive piece of engineering as it is able to control and harness the power and torque produced by the 7.3 litre Mercedes-Benz engine. Moving away from the topic of engines, take the Lotus Elise 190 (the Toyota engined model). Despite this car having only 189bhp, it is still capable of reaching 60mph in under 5 seconds and handles like it's on rails. The Lotus engineers have had to work hard to make the car light, but also well balanced and nimble, by going over every aspect carefully and thoughtfully. I could go on to mention several other examples of cars that have been 'brilliantly' engineered in a variety of ways. But are all of these cars that well engineered? Probably not. They may be fantastic at something such as speed, but be poor in other areas like handling, or reliability. A truely 'brilliantly' engineered car should be good in all these different areas and aspects, otherwise the engineers could have done a better job to improve the car in that area. The only cars that could satisfy in just about all the areas that they should that I can think of are the Porsche 911, Honda NSX and BMW M5 (even with that styling!).
Now, if the Corvette is better engineered than the likes of the cars listed above, then why? If it isn't, and it is described as 'brilliantly engineered', then the 'superior' competition would have to be absolutely astoundingly well engineered to be better than a brilliantly engineered car. In my book, a well engineered car has to perform well in all aspects of motoring and car ownership. And to be honest, just about all cars listed above, and the Corvette, are more than likely to have a shortfall somewhere, or at least one competitor that can be considered in each area (handling, performance etc.). I would think that the modern technology and innovation of some cars would leave the more proven and older style engineering of the Corvette in its shadow. Again, I'm not saying it's badly engineered, outdated or no good, just not as advanced as some rivals may be. However, new technology and engineering needs to be used to keep up with rivals, or the technology will stagnate and more advanced rivals will get further ahead of the game, leaving older, more traditionally engineered cars becoming more and more unpopular. On the other hand, the technology and engineering in the Corvette is pretty good and modern for its price, but it isn't the most advanced performance car out their, in my opinion.
I think people should buy what they want to buy for whatever reason they want to buy it. If I were buying a performance car, then I would buy a TVR as they are good value for money, look great and sound awesome, but they aren't the best engineered cars out there, but it doesn't matter. The plus points of the TVR outweigh the minus point of not having the most bang up to date engineering that is available in some rivals, similarly to the Corvette.