Cool Cobra!
The 3 peels sometimes just by flooring it...when we took it to get emissions tested(and it passed with flying colors), as we were leaving the lot, my bro floored it and there was "err err errr errrrrrrrr"...I really haven't done one by myself(I've floored it but didn't have the right surroundings or something and it just went no skid).
And a friend that lives a block from me drove(he's got his license) down to my house to barrow a text book...as he was leaving I said "Peel out!" and he's like "how?"(mind you he's in this old decraped Dodge Sundance/Shadow/whatever) and I said "Just slam on the gas" so he does, and the engine doesn't do anything for a while then it bogs down and flung the car forward...I laughed.
Kinda off topic...
Last night coming back from Ponderosa(here in STL, not the sniper one), all 4 of us are smashed in my dad's Probe, and we are at a light next to a Ranger, and he looked like he wanted to race(and we had to get home before 8pm to watch a TV show), so my dad floors it in first(skidding a tad) and shifts hard into second and the clutch is wearing out so there was about 3 secs of the engine at high revs and the trans going slower and it was funny as hell. He's replacing the clutch soon anyway...