Archangel3371 said:

Ravenprose said:

As for those that are actually interested in Forza 3, what version are you going to pick up: the standard or limited Edition?

Gamestop.com:

The Forza 3 GameStop Exclusive Limited Edition comes with:
    

• Forza Motorsport 2GB USB Storage and keychain:  Show off your Forza pride with these specially branded items.
  
• Forza Motorsport VIP Membership* and Exclusive Car Pack*: Want
  to be a top painter, tuner, driver or just more active in the
  community? VIP membership is the way to get yourself noticed. Includes
  special treatment within the online Auction House, Community Storefront
  and on the Forzamotorsport.net forums. Also includes 5 of the hottest
  cars from the roster of Forza Motorsport 3, available only through your
  VIP membership.
  
• Exclusive Collector’s Edition Car Pack*: This one is for the
  fans. This pack includes 5 cars that have been hand tuned and hand
  painted by the developers at Turn 10 to fly the Forza Motorsport
  colors.
• Exclusive Forza Motorsport 3 Theme:* Customize your Dashboard experience with this limited availability Xbox 360 theme.

*Requires access to Xbox LIVE

I'm going with the standard edition. That extra content just doesn't seem to be worth an additional $20.

 

I'll probably do what I did with Forza 2 and get the Limited Edition.

 Hand in your hobo badge.

SteelAttack said:

I'm probably getting the regular edition, but I definitely need to pick up a steering wheel. My only concern is the flimsy appearance of the 360 wheel.

According to the IGN Q&A with Turn 10, they are partnering with Fanatec in order to make a new wheel for Forza 3:

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IGN AU/IGN Readers: What do you think of the Microsoft Wireless Racing Wheel? One of our readers commented that he thinks the PS3 has better wheel options.

John Wendl: Well, there's a new wheel that we're introducing with Forza 3, and that's in partnership with Fanatec that makes the Porsche branded wheel. It's a premium wheel; it has 900 degree support, it has an H pattern shifter, a clutch pedal, and we have clutch control in the game as well, it has really high quality force feedback. In Forza – unlike other games – we separate force feedback and rumble. Typically, the physics simulators try to do everything through force feedback, and it doesn't work.

What we do is we simulate torque alignment on the front wheels, like when you're drifting or sliding, the front wheels want to track in a straight line, and we simulate the torque alignment with the force feedback of the wheel. We simulate traction with rumble, so when the rear wheels are breaking loose and starting to vibrate and scrub, we simulate that with rumble so you can feel traction with the rumble and torque alignment of the front wheel with feedback and it gives you a little bit better an experience to predict where the car is and how to catch it and that kind of thing. And that combined with the new Fanatec wheel, I think is pretty cool.

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I don't know much about these Fanatec wheels, other than they are usually quite expensive, so it may be of higher quality than Microsoft's wheel.