I drive a manual because it's more fun. Technically, it is faster, for the simple reason that the crankshaft is spinning at the exact same speed as the tranny input shaft. And while ciper claims that a flywheel is heavy and full of inertia, realize that so is a TC and ATF.
But I do understand there are some merits to autos.
Yes it is true, newer Subaru autos tend to hold up better than Subaru manuals, JDM gearboxes and the new STi 6MT excluded

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ciper is also right that it's easier to keep an auto with turbo on boost since you can keep the revs up in the sweet spot whether the car is going as fast as the engine or not.
And if I were to build a full-out drag car, I would only go with an auto. Simply put, an auto can shift faster than you. Period.
It's also true that it takes more practice than you might think to drive an auto. As ciper and Josh mentioned, two-foot driving is very helpful once you calibrate your left foot for the brake pedal.
I remember watching some kid at an autoX
trying to run a 91 MR2 auto, and he simply didn't have a clue. He would be on the brakes full into a turn with his right foot, enter the apex, get on the throttle too late even for an MT, and then what seemed like an eternity later, the tranny would downshift and he would surge forward. He had control of the car, but he was goin friggen slow

I wanted to go over there, and show him how I could drive 5 seconds faster than him in my first autoX ever in a car I had never driven just by using some left-foot braking. Just go into the corner left-foot braking, keep your foot ever so lightly on the gas . Once you let off the brake in the apex, your tranny is already in the right gear and your rear end is settled and stable.
So no, an auto isn't all that bad. But for my driving style, I have to go with MT. I feel bored letting the transmission do everything, and I still will never get used to the delay in throttle response that an auto has, simply because liquid is connecting the engine to the tranny, rather than solid.
