No Joke! It's freaking awsome! Comes standard with 205/50-17's and as long as they keep the ground effects on there, a sunroof and MAYBE leather, the XL7 is GONE!
 
Also GM Insider forums are poking this one as the new Compact Saab.

http://www.media.suzuki.com/auto/photography.php?navmodel=my08_sx4_sedan&catid=1014&model_year=08

More information that was previously posted:

http://www.zukiworld.com/forum/index.php?topic=16835.0

-Eric

Eric!!! It's getting the Swift S engine! There's a dozen in Brea, Ca. RIGHT NOW. Possible Supercharged model to boot!

If they give us a super charged sedan but not the standard SX4 I'm going to be annoyed.

They are cheap enough it's tempting to buy one want try to fit a turbo on it.  Try and make it look like the Rally car. 

I'll probably just work on the Tracker instead though...

There are gonna be three trims, Base, Super Street, and Touring. 17" wheels up to 19" wheels available based on model. Leather is in the higher end models. Goto Suzukiauto.com and under the SX4, there's a link to the new model. Basic stuff but the picture shows the leather seats, and the two other models. The guy I spoke to said pricing wasn't defenite but he expected it to start at or around the current base SX4 sport without AWD, AKA $16k.

A turbo or supercharged model would cinch the deal. It would probably pull sales in big time and away from Mitsu, Subaru. No AWD though. Probably because it sits lower to the ground.

Eric!!! It's getting the Swift S engine! There's a dozen in Brea, Ca. RIGHT NOW. Possible Supercharged model to boot!

Very cool. Sounds like a fun and enjoyable test drive.

-Eric