I haven't had any issues with my MS3 but it's an '09. Still a first gen but by then they had worked out a lot of issues that people were having. I know smoking turbos were an issue for the '07's especially but I imagine most people got that taken care of under warranty. And yes the paint sucks. I already have a lot of chips and scratches but it probably doesn't help that my car is black either. And the fuel economy leaves something to be desired. I get about 22 mpg on avg but my best tank ever was only 26 mpg...on premium of course. :happysad:
Overall I've been really happy with my car but those are just some things to consider.