Wow, I'll be candid here guys, I was a little upset at ALOT of the posts I read about 'my new car' last night here, and thus the "my car is fast" post that I made. I certainly hope I didn't offend anyone at all, it was not my intention.
That said, I know there are many people in this site who likely drive much faster cars than mine. I've bragged more than a bit about it's performance, but Chevy REALLY has out-done it's self this time. (as much as I hate to admit it...lol) Sure the STI WRX is faster, as is an SRT usually if the guy can drive it. A Vet will eat me alive, so will a Mustang GT Std. So will 911's and many others. So will a done up Civic, and many more. The point I was trying to make - is that a STOCK car in this price range will likely be severley beaten in a Drag. Don't 'dis this car unless you've either been in it - or raced it - just because of the Bo-Tie.
My competition so far is not exagerated.
As for my Auto-Xing, I was in first place until the last 2 races 2 years ago, when I had to stop racing because of work responsibilities. (long story)
I'd love to share photos, I have a few nice ones. Any tips on how to do that?? As well, I want to clarify - I'm NOT dissing anyone else's car here in my posts. I LOVE a challenge, and have to try not to smile when Joe-Blow next to me wants to race my car. The more - the Merrier... tell me where and when. 
SSSCGuy, looking forward to see your pics.
How much was the cost/budget to go Racing on a track?
A bit late to the discussion. The center gauge on the Ion is a turn off for me.
But the Ion does have a great set of looking Recaros with leather inserts. Are they available on the Cobalt?
The suspension tuning on the Cobalt is different from the Ion, there is also the optional LSD. Love the Cobalt in yellow. I like bright flashy cheerful colors.
We have a supercharged car in the garage, love the instance responsiveness and that pitchy "whine" sound. It is easy to get the power out of the engine, just mesh the gas pedal to the floor.
Haven't had a chance to drive the Ion/Cobalt, but will go for a test drive this spring, maybe even a SRT-4. Don't like those seats in the Cobalt from the article.
The interior looks alright, been in a regular Joe Cobalt. A friend bought one, an SS, no SC; he would of buy the 2006 Civic Si, but Honda financing is hard to deal with. Rates are a lot better at Chevy. That is one reason why people who wants to switch to Japanese cars, but won't qualify for the financing, and ended up still dealing with GMAC and Ford Credit.
