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A slight correction on this, the VX220 and Elise do not share an identical chassis, while the VX220 chassis was built by Lotus and was based on the Elise chassis it is different.
Yes, OK - the VX220 needed a slightly longer chassis mainly for the different rear subframe to accommodate the GM Ecotec engine. I am fully aware of that, but considered it to such a case of splitting hairs that it was not worth mentioning in a post of this nature.
However, my Exige does have the identical chassis to the Elise (which I have also driven) and I can assure you that the Exige is very similar to the VX220 in its handling characteristics the main difference being the higher levels of grip due mainly to wider (at the front only before you jump on that
In GT4, the VX and the Elise had reasonable handling and grip in Pro mode. In GT5 Prologue they just do not!