I'm surprised no one has mentioned it but the new Challenger for 2011 is a beast. It has 470hp and 470 torque (or something very close to that) and Dodge finally caught up with everyone else and actually tuned the suspension so the car can actually take a corner. Supposedly runs the 1/4 in 12.4 (traction limited, as it's trap speed indicates faster). Sure it won't corner like the Z as it's still a fat *** but according to first tests it does much better than the previous Challenger.
I'm not saying you should trade the Z but I am saying that they redid the Challenger and it's a lot more impressive that last years model. If looking for a muscle car it should definitely not be dismissed.
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