Very seriously considered one of these when I was looking at trading in my Outback. What finally killed it for me, though, was that the MPG wasn't all that great, and ground clearance was
pitiful. Not only is clearance bad, but crawl underneath one and you'll see that one of the lowest parts hanging down is the gas tank!

Now why doesn't that seem like a good idea, to have the gas tank hanging below the frame? I was also leery of the "on demand" 4wd system. Coming from a Subaru with AWD I figured that would be a step down. Now I have conventional 2wd when I'm on the street and conventional 4wd off road. But I've got a hell of a lot more clearance.
If Honda could have figured a way to make these just a little more off-road capable I think they'd have an awesome little exploration vehicle. I absolutely love the boxy shape and the utilitarian cargo area - makes a small vehicle that can carry a lot!
BTW, that's an interesting looking exploration setup. But where are they planning on using that high-lift jack, seeing as how the Element has plastic bumpers front and back?
Oh, another point in the Element's favor: An actual, by-God
Tailgate! Am I the only one who misses tailgates? Another reason I like having a pickup again. Tailgate is useful to sit on, as a platform for cooking and cleaning, etc.