I sawa a program on Discovery channel called "Rides" where they did  1/2 of it on the new Cobra.  Ugly car. What they did was OK, but it doesn't look like a cobra.  It didn't even have a round radiator hole on the front.  To me, it looked like a shoebox with rounded corners.  They supposedly made a big deal with the taillights, but they ended up being 2 dinky round holes with bulbs inside-originals were slightly bug-eyed.    
  
With the similarities they focused on with the Mustang, the GT (not GT-40!), They should totally redo the body to be more rounded, like the opriginal.  The lights shouldn't be flush or inset, and the interior should be simpler. 
  
My 2 cents.