Don't forget 5 mile bumpers, ABS systems. Independent suspension vs leaf springs.
I definitely agree though. Cars are definitely getting bigger. The 3 series is a perfect example. e30,e36,e46,e90. The new 5 series looks more like the size of the 7 series two generations past. Todays Mitsubishi Lancers are larger than the Gallants of the 80s, Camrys are the size of Crowns. No surprise displacement and Bhp is growing along with the chassis. It's a chain reaction.
I do have a major soft spot for pocket rockets, particularly hot hatches. I've always wanted a GTI, ever since I had a GL in college and that famous slalom test came out where the GTI beat the 911. The RS3 is seriously tempting. Like you said though, even these cars have grown. Owners of the original Mini abhor the new Mini. Owners of e30 M3s feel the same about there faster but larger younger brothers.
You think we've got a bit of muscle car syndrome here? I mean we're looking for the "Oh SH%$!" factor because even if the new cars are much faster around the track they just feel too safe?