The front looks like a cross between a 2004 Sunfire and a 1993 Trans Am. Not ugly, just an observation.
The rear? I don't like the height of the rear at all. Reminds me of the old CRX that was so high in the rear they had to make part of it see thru so you could see out the rearview mirror (wasn't the Aztek like that too?). Make the rear not look so bulbous (sp?) and it might work.
All in all, the Camaro looks much better imo.
EDIT- So they think it will 'likely start thousands more than a Mustang.' LOL