Yea, I dont quite get the Corolla fetish that seems to exist in certain parts of the world!
It' s because for its time, it was an affordable Lotus Europa or Elise.
It had great sports car DNA. Light Chassis, Perfect Weight Distro, High Revving Powerplant, Low Weight. The only thing it was missing to be like sports cars of old is a convertible. However, for enthusiasts, hardtops are always the way to go.
There are too many idiots who jumped on the bandwagon for drifting, and don' t aprreciate what the car truly is.
It was also one of the last economy cars with RWD, something I wish wasn' t the case. I would kill for companies to start making more RWD sport coupes, like an Integra or Civic with RWD, a Celica with RWD or inteligent AWD, etc.
Big HP is great, but a light chassis with the right engine can offer the same thrills and speed as a v8 GT car. Just look at the Lotus Exige S, it puts the hurt on cars with 3 times the cylinders, 3 times the displacement, and tires nearly twice as wide.