Well, since I've driven one, briefly--I'll give my feedback. I only have about 30 minutes behind the wheel of a friend's car, but here are my observations:
-styling: 10 It's the best-looking coupe/hatch on the market, IMHO-but then again, the 1800ES is probably my favorite car of all time, so that's no suprise
-driving experience: 7.5 It you recognize this car for what it is, you'll be happy. It's a sporty coupe, not a sports coupe. It's emphasis is more on luxury and less on performance. So, if feels solid, stable, and a little dead/slow. It's a FWD car though, so you're only going to get so much performance out of it. It's a very neutral handling car and the engine is well-mated to it. On this platform, the high-boost engine would probably need AWD to feel right. Still, it's a shame there's no "R" version w/AWD and the high boost motor.
-reliability/durability: 8 It's a V50 without the room. There really aren't many surprises on these cars. The 2.5T has been around forever. There will be the typical Volvo annoyances, such as suspension components that are designed to be replaced @ 100K and fast-wearing rear brake pads--but overall the car seems to be really solid. My friend's car has 80K on it and she's done nothing to it outside of regular maintenance.
-fuel economy/cost of ownership: 7.5 pretty good. She gets 32 or more on the hwy, 24-26 in mixed driving. For a heavy-ish turbo coupe, that seems pretty good. Maintenance on the car is fairly straightforward. It uses a timing belt, but the change is really easy as timing belts go.
-utility: 4. It has a hatch, which I love--but it's a really small opening, and the rear slope cuts out a lot of room. The rear seat is small--this is more of a 2+2, not a 4 seater--and I don't like the way the seats fold up.
I read Consumer's Report's snapshot on MSN, just to see what someone else had to say about it, and they described it as "pleasant". Twice. That about sums up the driving experience. They also rate it 'above average' in reliability, for what that's worth. Overall, I really like it, and if you're looking for a fairly luxurious, kinda sporty, really cool-looking coupe, it would be a great option. For me, the V50 makes way more sense. And if I were going to give up the utility of the wagon, I'd want something that was a little more fun to drive. So, if it ever comes out, the new Subaru/Toyota FT-86/BRZ has more appeal; lighter and RWD.