My own experience of my Elise on track was much as described in that article - great until the back end let go and then I couldnt recover it.
However, I remember an episode of Top Gear with Clarkson saying much the same thing. In the following episode they brought along Matt Becker who was then the Lotus enineer in change of handling and is now doing something similar at Aston. He showed how to drift a standard Elise round the bends proving that its can be done and is a skill issue as much as anything else.