I echo what Maricopa said. I believe it is to experience the car and it's unique set of characteristics. Think about it - they're loud, uncomfortable, impractical. I can't think of another car that has so much going "against" it, but still leaves you wanting more every time you step out of one. We (us regular forum readers) are ALL obsessed with this car.
As far as individuality -- there is plenty if you look for it. I think that's why street rods have continued with such popularity. Those people
live to make their car unique, show off their craftsmanship and have fun with their hobby. I often find things in street rod magazines where I think -- "that's really cool -- you could apply that idea to any car...".
Individuality for Cobras? If you know the cars, there is a lot of individuality. Aluminum vs. fiberglass. Donor vs. non-donor. Suspension types. Wheels. Perky vs. non-perky. Street car vs. racer vs. waxer. Original wheelbase vs. extended. Brake systems. Transmissions. And how about engines -- tons of options there -- even all within just the Ford family. Intake systems. Computer systems. Natuarally asiprated vs. supercharged. Stack systems. Webers. Shall I continue?
As mentioned above, there are probably 40-50 Cobras in the Phoenix area. I can't think of any that are
exactly alike (-- short of a couple of SPFs that are pretty close other than color. No Bob B, not yours -- you're is one-of-a-kind in my book...). Part of the fun is finding the differences in the details and how those details manifest themselves in performance advantages, drivability, comfort, etc.
Did I mention that I too am obsessed with these darn machines?
My final thought: be safe and have fun.
Ben
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My new favorite quote: "It's as real as an original."