I don't think the Caymen will steal sales away from 911 owners. Its like saying the 06 BMW Z4 coupe or the current Z3 M coupe will steal away sales from the M3. I think the Caymen will actually steal sales away from M3, Vette, NSX, etc.... other car maker owners.
Granted the Caymen is a better track car, but you won't see me trading in my new '05 GT3 for a Caymen.
Personally I think the additions of the Caymen and Panamera(4 door sedan) to the Porsche lineup will make Porsche more like BMW and Merc than steal away internal sales. Remember what the Cayenne did to X5 and ML sales?
Different cars for different target classes.
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