I'm in the same delima...While the prospect of having a 2004 GTO sitting in my driveway now is awfully tempting, so is 50 more horses. But, I'm not one to just rest on my laurels, as if I were to get an '04 Goat, it'd be supercharged as soon as I could make it happen....giving me more then the 50 horses I would be short. And I could be enjoying the car now, not a year from now. And so far, other then the increase in HP and new, larger engine, I'm not sold on the '05s. The exhuast is nice, but I don't like the black portion on teh rear fasica (although easily painted), and the hood...well, I dunno...doesn't scream 'buy me' to me yet.