The K-series 4-cylinder in a new Accord has a timing chain, not a belt. It's a really sweet engine, I'm trying to like the rest of the car. (New '05 is just about the same as our '03.)
If I was the primary driver of that car, I'd have seconds thoughts of the new Accord. Don't flame me, this is ONLY because FOR ME, the position of the console & 5-spd shift lever feel really awkward to me. It was mildly wierd during shopping/testdrives, but after a couple years it just got more annoying.
Auto or manual tranny? Honda manuals are so wonderful, but their automatics don't exactly share the stellar reputation.