I think it could be a good start. I don't like the half circle tail lights though.....too much reminder of the Corvette. The car needs a bit more forward "hips", the hood deck line is too straight. Then there's the front end: well, its hard to say. All I know is that from certain angles, mainly straight from the front, it doesn't look bad. But any angle that shows that forward "pointy" shape just makes it look all wrong. My fix: just smooth down the point and make it a flush front end like Ford did with the mustang. The rest of the body profile is actually quite good. It looked horrible the first few pics I saw of it. But after seeing it from a couple of more angles, it could work. Just needs some tweaking....even though, let's face it, this IS a concept car....not the final product. Let's just assume for the moment that this is the general direction GM wants to go with it.
As for the powerplant: if GM plans to mate the LS2 into the Z28, it will be the GTO all over again. They simply can't hope to put such an expensive powerplant into this car and expect it to price competitively with the Mustang GT. And we all know that being steamrolled by mustang sales is what prompted GM to discontinue the Camaro in the first place....they simply weren't selling. I think a tuned LS1 putting out 340-375 hp could still be affectively priced under 30k if done right, and it would still give the Camaro fanboys they're bragging rights over the Mustang GT with such a hp advantage. Anything more should be saved for the pricier SS model.
Either way, my 05 mustang gt isn't going anywhere cuz of this new Camaro. And by the time GM gets its act together and puts it out on the streets......someone will NEED an SS to catch me. hehehe