Okay, I don't understand the argument here. The Corvette is a better-handling car than the 911 Turbo...it has been proven time and time again...what's the big deal?? Believe it or not, it has been proven with numbers. The Corvette Z06 is around $50K...personally, I would rather have an M3 for that price, but you gotta respect what the Z06 has to offer. It's kinda like how the Mini Cooper out-handles the M3. It has a base price of $16,000 or so and it out-handles a $50,000 M3. We all know that price is not dependant on performance alone, but on quality altogether. The $120,000 that you put in for the 911 Turbo is for the Porsche look, the status, the build quality, the performance, and the way it makes you feel when you drive it, because let's face it, the 911 Turbo doesn't have the nicest interior.
I think I am arguing several different things, but my basic point is that the Corvette out-handles and keeps up with the greatest of sports cars. IMO, they are kind of white trashy and have a poor interior, but you HAVE to respect it as what it is...a hard-core sports car.
And as for reliability, there are plenty of old-ass Corvettes running around.