Sam, good question - also will you let us know how you get on! Maybe post your assignment if you can - it would be great to see.
I have a Morgan 4/4 so it has very traditional styling and a quite small engine.
I don't think people buy Morgans for the same reason they buy other motor cars. It not just buying a form of transport it is buying a tradition - for example the style of my car goes back 70 years and it is handbuilt using many natural and recycled products in a small factory. You may have read on the Morgan website that Cardiff University calculated that a Morgan 4/4 has a similar carbon footprint to the hybrid Toyota Prius - very much because of the way it is made and the fact that it is lightweight.
It is also 'FUN'. Driving an open old style two seater not only do you get a much better sensation of speed and your surroundings but also other people become more friendly. I think a lot of Morgan owners (not all) enjoy the feeling of suddenly being 40 or 50 years younger! remembering their youth.
Good luck
