I'm not even sure if the ERA is available over here, from their website it looks like just a US operation.

There are literally dozens of different Cobra kits available in the UK, so of which probably have much better handling than the original Cobra road car.

Even without any handling issues a Cobra doesn't meet a few of my other requirements for my "silly" car anyway. I couldn't cope with the roof for a start, I am going to be driving the car in question for 12k+ miles a year in UK weather.

As I said, if I could own a whole range of cars a Cobra replica would be one of them. As it is, if and when I get a kit car it will be an Ultima GTR http://www.ultimasports.co.uk/gtr/index.html