Watch out imports? Are you kidding me? The Cobalt is already beginning to look dated next to the all-new 2006 Honda Civic. It doesn't even match the current Mazda3. Nissan is about to roll out a redesigned Sentra next year and the Corolla will probably be redesigned soon as well. The Cobalt is a nice try - if only GM brought it to market in 2000, instead of letting the Cavalier linger on until 2005. I suspect a hefty portion of Cobalts will be sold to fleets and rental car companies. "Good enough" simply isn't good enough. Bottom line: The Cobalt is competitive with the current crop of Japanese compacts, but the imports aren't gonna sit by and let Chevy steal their sales. And if history repeats itself, the current Cobalt should still be on sale in 2015.