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Keep in mind that the SAE horsepower ratings system has been revised since 2001, although I forget the exact year it all changed over. 2004? 2005?
The new Boxster is probably being rated under the new system, and I don't know that one can easily compare between an 01 S and an 07 base.
But the torque is a good point. The 01 S will feel faster, even if it isn't.
I'm obviously biased towards the way the 987 looks, and honestly, I thought the 986 didn't feel as tight all around when I test drove them, which is why I never bought one, but it could just have been perception. But I tend to agree with the others--if you've already got one, I'd say stick with the S model, otherwise it's not much of an upgrade, other than looks, eh?
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