Thanks for all of your feedback. I definitely agree that the 'looks' and 'awe factor' goes to the GT. I do like the practicality of the GT2 and the nice storage behind the 2 front seats and decent storage up front. The prices on GT2s have come down quite a bit. 2002 GT2s in great condition with sub 15k miles are still bringing in the $80s which isn't bad depreciation for a 7 year old car that sold for $195k. With the current economy, there are some outstanding deals on GT2s currently which could put me in decent position for a couple years. Having owned a 996TT X50, I am staying away from the regular turbos as they seem to depreciate faster than almost any other sports car I have seen. Been there, felt that...no thanks.
I also like the fact that I can add in a stock 997 rear seat for about $100 and then I can take my kid for a ride too. That's something I can't do in the GT and one of the main reasons why I am considering the GT2....There are also lots of mods available for both cars which is why I am only considering these 2at this point.
Decisions, decisions.