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jiggysubman,
i recently replaced my daily-driver miata ('97M with lower, stiffer suspension, sticky tires, etc.) with an '03 boxster. i considered buying a new mx-5, and for the money, a 2.7-liter, not a 2.5, boxster was the logical comparison. (My '03 cost about $2k more than the mx-5's msrp, while 2001 models started around $23k).
miatas of any generation are astonishingly reliable, inexpensive to buy and maintain, and great fun to drive. i don't think the boxster is necessarily any more enjoyable when sailing down a back road -- it's a different experience.
what made me ultimately decide on the boxster was its feeling of "mechanical sophistication." the miata, even if it's modded and making better numbers, just can't deliver the boxster's combination of handling, steering and braking precision.
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