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The 2009 is more evolution than revolution. There was a link to a Motor Trend article which showed some side-by-side pics. They've done a decent amount of optimization but nothing drastic. I'd feel more than safe buying an '09. It's been out since last Fall and will be available in the US this Fall (hopefully in better numbers than the previous gen showed up in). It will have had a year to show any glaring faults in the hands of customers.
With the current version you're buying a car in its' 7th model year. It's certainly a great car but there have been advances since 2001 when the current generation was introduced and I'd feel better buying a car with some of these advances incorporated than a vehicle which is essentially "end of life". If Honda's revision cycle was a bit shorter (as it usually is with the Civic in the US) I could see buying the outgoing model if I really liked it or felt that the new version didn't appeal to me (as some here feel with the '09 model).
ps - I'm not bashing the current gen or those that prefer it. It's a great looking little car and I can only hope that other manufacturers will start offering models that can compete with it on merit (and style).
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