Be careful. One test drive in an Elise and I gave up mogging. DW's fault he lured me to Hethel along with Graham and Jays back in Aug 2012.
An Elise is a great car but wish it was made out of ali rather than grp and also the engine sound is disappointingly dull ! Its all about handling !
Compared with a Morgan the current engine may sound a bit dull but delivers 0-100 mph in 10 seconds, I'm on my 3rd Elise (this one a S1 with Rover K series ) besides the superb handling they are more practical than trads with reasonable (and secure) luggage capacity a roomy footwell and glass side /rear windows. If I was going back to Pickersleigh Road it would probably be a 4/4 but my wife has decided she doesn't like being buffeted so top down motoring is out
It's not about practicality is it though! Both Morgan's and Elise's are about fun, but in two different and yet paradoxically similar ways,they both try to be as light and simple as possible.
We have a 1967 Elan S3, a 2003 Elise type 25 with the Rover VVC engine and just got our 2011 Morgan 4/4 - all three are massively different and yet massively similar in that they are huge fun in their own unique ways, and all three deliver that grin factor. But in terms of practicality? I don't think that was in the design brief for any of them. They are what they are, sports cars that perfectly reflect their different era's.
For everyday "Practicle" use I have a Toyota HiLux ute and that is in its own way a great car too.
We like and enjoy driving all four, because of the different experience each affords.
Across the whole range of Morgan cars I would still plump for a 4/4 
