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Had mine for two years and had no problems except the back tire has a small leak; but the tires are done and it doesn't matter. Could use more power, though.
i bought my 03 with 16,000 miles on it februrary 2006....its now Janurary of 2008 and I have 62,000 miles (i drive 90 miles a day). And have had zero probs with the exception of the window motor a while ago. I love my Z.
Being one of the first pre orders for the 350 I went through all the 'first year model' nonsense but after Nissan fixed all those issues for me the car has 40K trouble free miles and I still love driving it