IMO, the Cobra kit looks much better as it is at least an existing body-style (and a beautiful body-style at that). The first linked kit looks overly fake and, IMO, would always look like a kit car, either up close or at a distance, while the Cobra kit could look moderately believable up close and look quite decent at a distance.
To some people a kit car is fine, in that it can look, function, sound, etc. similar to X car at a fraction of the price. The extreme opposite end of the spectrum would be the concourse, matching-number, recreating paint over-spray restorations. I can understand both view points as well as those that lie between, but the kit car will probably yield a higher level of enjoyability than a immaculate restoration, that is, if you actually want to drive the vehicle rather than trailer it everywhere.
My other reason for choosing the Cobra is the excuse to hear lots of horsepower through those massive lakepipes/sidepipes.
