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Reliability is not a problem. My 08 Cayman has been very reliable in 4 years and 17K miles of ownership (naturally, while under warranty). The problem with these cars is the risk that the engine breaks. On most cars, they might have a bad water pump or alternator or something like that. Easily repairable with a few hundred or maybe a thousand. Most people can handle that. I never heard of ANYONE with any other model of car whose entire engine blew up -- until I started reading this forum. Then, when the engine does blow, it's five figures to replace it, unless you just get another used engine with the same problem, and I know at least one person for whom lightning did indeed strike twice. And that five-figure repair bill -- together with the risk of accident and requirement for a tow from God-knows-where -- IS a problem.
I am fortunate that the 06-08 models seem to be statistically reliable in the IMS department. Good thing, too, because the IMS isn't reasonably replaceable from 06-08. If I had an older model with the replaceable IMS, I'd get the LN replacement or "IMS Solution" and just drive it moderately maintain it well, and there should be very little risk of big dollar repairs after that (I personally would never track my street vehicle, that is asking for trouble like scored cylinders or overrevs and the like, but to each his own). In fact, the older models with the LN IMS are probably one of the safest bets around. Not perfect, but close.
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