The Hyundai might be a great deal when it's $2k and the Honda is still $5k.
Drove a 2010 Fit last weekend with 50 miles on it. I wasn't as impressed as I'd hoped to be.
Good: It feels like every Civic you've ever driven, and will apparently get decent gas mileage. Consumer Reports (I know a lot of people don't care for their opinions on cars, but FWIW) just ranked the fit #1 used car, and I think #1 in it's class new as well. The flip-up rear seats are a really smart idea, and great use of space, though there's still a hump between driver and passenger sides, which seems silly.
Bad:
It's drive by wire, which I didn't know until I drove it, but is immediately recognizable. The lag, even in the manual, makes it feel like a CVT. The revs also hang between shifts, which is weird, annoying, and I can't think it helps fuel economy.
There are no gauges save a tach and speedometer.
The one I drove DID NOT have cruise; something to look out for. With an 80 mile/day, all hwy commute, this was pretty much a deal breaker for me.
Back seat looked miserable for the 6' + sales guy; to be expected, I suppose.
Granted, I didn't break out the tape measure, but there didn't seem to be much more room in the hatch than in my 87 Civic.
At 75mph in the manual, you're pinging along at over 3,500 RPM.
Popped the hood, and while the oil filter, alternator, starter, etc., are all relatively easy to get to, it looks like you can forget getting your hands on any thing on the backside of the motor with it still in the car.
We're going to drive an xB next. Similar REAL WORLD fuel economy to the Fit, dead nuts reliable, and cheaper w/more interior space.