I have a T reg (1999) 2.0 GLS. Doesn't have the leather seats.
I love it, find it quite nippy (although my previous experience is limited to a 1.6 astra estate and a 1.6 focus tdi).
The suspension is pretty soft, I find it a bit wallowy going round corners at any kind of speed.
It's really comfortable, I used to do a lot of driving for work in my focus and would be really stiff at the end of the day whereas I've driven the galant to Newcastle (~350 miles) several times with just a 10 min break for coffee and felt fine.
Toys wise, mine has cruise, no climate, but it does have A/C, no heated seats, but afaik it does have heated mirrors.
Mine cost me all of £1200 for a 1999 with 112k - as you've already seen, its quite a bit of car for the money.
I've had it just under a year, and put ~8k on it.
In terms of repairs, I've had 1 major part go, which was the pulley that drives the 2 auxilliary belts (a/c, cooling, power steering and alternator), was advised to replace both belts as well, in total it cost me £350 for parts and fitting. The radiator started leaking right after this (pretty sure it was related) and cost me £100 for a new rad, and I fitted it myself (piece of cake and I've never done any work on a car before). Other than this, it feels pretty bombproof.
I would heartily recommend it, if this one dies I'd happily go for another (newer/lower mileage/bigger engine now that my budget has increased somewhat) or probably a VR4. Although again bear in mind my limited experience in other cars =P
Edit: and yes, they do look rather lovely (or rather mean as hell

)