I got a V70 T5M Euro delivery in 1999. I really like it. As someone else said, the shifting is "OK". I am a little concerned that the cable operated shifter will get sloppy over time. I have seen posts that say that the reason I haven't felt any turbo lag was because the car is a manual.
It was my experience that Euro delivery was the only way to get a good deal on a manual, because it required special order. The the salesmen want the deal "today", probably afraid that they won't still be working there when the car finally comes in.
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