The 2012 Camaro ZL1 just bowed in Chicago. It has a 6.2-liter supercharged LSA V-8, good for 550 horsepower. Six-speed manual with a racing clutch. Dual-mode exhaust, like the Corvette. Magnetic Ride suspension, like the Cadillac CTS-V. Brembo Brakes.
Sounds pretty damned hot, but will it cannibalize CTS-V (or even Corvette) sales? I guess my answer is, "Who cares?" as long as I get to drive it.