I'm not sure the C4 owners should be taking crap from people who have an LS. I own both, and the LS is among the most unassuming luxury cars I have seen. You could drive almost anywhere and no one would notice it. It would make a great get-away car. That's just fine with me, but I'm just sayin....
You compare the C4 to any other care of it's generation (84-96) and it is a truly sexy car. Mustangs, camaro's, 280's, etc from the same model years all have a very old look. There is nothing about the C4 that dates it into the 80's, other than the fact that you all recognize them. The C4 was a revolutionary change from the C3. Handling and power (especially as the model progressed) were both better than almost any other car at the time. Even today, my 91 corvette goes 0-60 in about 5.5 seconds. By any standard, that's impressive.
The comfort level also improved over the years. the early C4s has a pretty rough ride, but by the late 80's and early 90's, the ride got much better, and if you are careful with the gas, it is a very comfortable car. Take the roof of on a nice day, and I'm not sure a car can provide more fun.
That being said, if you are patient, you can get a nice low milage 95 corvette for abotu $12000, C4s are the lowest valued corvettes. There were 200-300 thousand of them made (I think), and they are not old enough to be classics. It will probably take another 10 years for them to start increasing in value. Because of the high number of them, a significant value increase may never occur. The best C4s are the 92-96 model years. They have much better engines, and starting in 1990, the interior was upgraded. Prior to 1990, the interior had an 80s look with too much digital stuff.
Dale