The older elise may have been cuter, but it was also more basic. I believe the U.S. version was even sold with an "optional" right seat. From what I've read on it... nothing would touch it in the corners, but it didn't have particularly high horsepower. Looks like they've bumped it up a bit, but not much. The weight looks to be higher too.
I can't decide whether to view new version is an improvement or not. I'll have to think on that one.
MiniD