well, there are NO cons on strut and tie bars.... strut bars reinforce the chasis at the strut points, and tie bars do the same at the bottom. For handling, you need sway bars, get a bigger one in the back than in the front, its safer
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as far as suspension goes for your prelude, i suggest getting some after market shocks such as tokiko, kyb, koni, etc..... and then get a set of springs or coilovers, springs are set at a certain location and are not adjustable, but they ride smoother and not bouncy, and the coilovers are adjustable anywhere form 1" to 4" on most coilovers.... And, the ride is pretty bouncy unless you get a good set of coilovers like Skunk2's or something..... I have had my setup for a while and i love it, i have the Tokiko Blue Struts and Eibach Sportline Springs! They are great, not bouncy and nice and low like i like it!