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I think Ford's strategy is to go after the Z/28 with the GT350R. That'll be the one with the barely street legal tires and no back seat.
It's a bit more difficult to pinpoint the direct competitor for the base GT350. My first guess is the ZL1, but the 350 is obviously a bit more track-oriented than that version of the Camaro. Maybe the Z/28 is the competition of BOTH versions of the GT350; one version that will keep up with/outperform it, and one that will give you most of the performance at a more affordable price.
I'm crossing my fingers that the base GT350 will stay around 50k.
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