I didn't like the red one. It looked like it had a problem and was bent in the middle with it's butt sticking up in the air. That just didn't look right.
Looks like a Factory Five Mk III (it may not be one). We call that the "bumble bee butt". It plagued the Mk III. They finally fixed it with the Mk IV.
The owner appears to have installed a custom roll bar, which is too narrow and short and without vertical support of any kind.
The hood scoop is also custom made.
The gas cap is in the wrong place. I would not want to fill that car.
The dash layout i snot my favorite. Placing those gauges, where there could be a glove box makes them too difficult to do a quick read.
Personally, I am all for an owner doing whatever they want to make their car, their own as long as safety comes first. I would not ride in that car with that roll bar.
Always nice to see a collection of Cobras. By the way, I will also eschew duplicating the original in favor of a safer and more comfortable ride.