Absolutely right; the Supra really doesn't have an exotic look in comparison to an Elise. The design was way ahead of its time, debuting in 1993, but really lacks an exotic flair, unfortunately. The Elise looks super nice, no doubt about that!
In stock form, the Supra really isn't a track beast, but after suspension modifications, I can safely say it handles extremely well for a 3400lb car. Almost unbelievably well. Tsuchiya (the Drift King) and Orido (the two most famous drifters in the world, and very avid roadracers) both pick the Supra as their personal favorite car to race on the track. Smooth, fast, stable, and incredibly predictable.
A comparison to a Pontiac Grand Prix is ridiculous. Really no need to discuss why - just remember people, Nascar and roadracing are two VERY different types of racing. (And no, the only difference is NOT that roadracing also has right turns).
Anyway, I also had a nicely modded '93 Toyota MR2 Turbo for a few years, so I understand how the beginnings of how nimble a mid-engine car perform on the track. In no way can the MR2 compare to an Elise, however.
I haven't had a chance to test drive the Elise yet, but I'm scheduled to test drive one tomorrow, so I will return with some great input!
Oh and btw, it has been proven over and over again that the Supra, with 500rwhp and beyond can easily attain a top speed of over 200 mph, around 210mph actually. If you don't believe, go on supraforums and ask anyone. If you are still skeptic, I'll take you for a ride =) Have someone with a radar gun confirm, if you really want to be anal.
Lastly, have respect for one of the most incredible engines ever designed, the 2JZ-GTE (the motor inside the 93-98 Supra Turbo). All you Elise guys should be very happy with Toyota motors, because, as you should know, you have one in your Elise!
Happy Holidays