I think saying ebony also sounds classier. When I used to play guitar all the time a black wood on a guitar was referred to as ebony unless the guitar was intended for metal heads, then it was called black.
like a beige interior being called "sand" or "parchment"
as far as me and a S550 mustang, I think I am just going to keep pumping money into my 06 for now. I mean, all props to the car, but I still need a house, a truck, some credit paid off, and I am already balls deep in my 06. I'm just not ready to write off the money I put into it yet.