Pros: Great physics. Super duper graphics. Tons of replay.
Cons: Frustrating at times. Medium level learning curve.
The bottom line: If you own a Dreamcast, for the love of Sega, go get this game. Don't rent it. Just buy it.
Ok, well I suckered you into this epinion about the GT3 thing. Sorry sorry sorry. I just wanted to give all DC owners a chance to own one of the greatest games on our beloved dead system.

Graphics

Beautiful. Simply beautiful. The backgrounds are perfectly rendered, and smooth as silk. The cars are of course stunning. The lighting effects are nearly perfect. After watching this game, it brings a tear to your eye to see your sweet DC turn to nothing in a year. This game really pushes the limits on the DC, and I have yet to experience slowdown or clipping. Visually, the game is as stunning as a Dreamcast will allow. From the vast background and environment, to the weather effects that are so realistic, you think you are actually there.

Sound

Audibly, this game is mediocre at best. The sound tracks are catchy, yet very annoying. The "radio dj's", are neat at first, but quickly become a serious nuisance. I know you can change the "cd", but still, the soundtrack to this is just plain, "blah". Sound effects are nothing spectacular either. Engine sounds are better than average, but again, this is a racing game, and how many effects are there? But, overall the sound is simply mediocre. I would rate it a "5" out of a possible "10".

Game Play

Yes! Yes! YES! I totally love racing games. The problem I have with racing games is the physics and control of the cars. This is actually the only racing game on the Dreamcast that I can 100% support. The cars have a true sense of speed and control. They act like they would in a real situation. I just played Tokyo Extreme Racer 2 for the DC after playing MSR, and nearly died. It felt like I was floating on air. Sick, I tell ya... SICK.

Anyway. The game is easy to pick up, but takes an hour or so of hard-core gaming to perfect. All racers have the "power slide", and MSR is no different. In order to be successful, you must master the power slide.

The game basically consists of numerous levels. Each level consists of about eight different stages. Each stage requires you to complete a certain task. Whether it consists of beating a time, a speed or an opponent, you have to complete it at some time. There are things called "kudos". Kudos are given when you do power slides, or take a turn like a pro. These Kudos are vital in your success in MSR. The more you do, the more your "style" points will go up. And the more points you have, the more levels you will have access to. At the end of each level, you have a championship. If you get the desired number of points, you have the opportunity to get a new car.

MSR is one fun game. You could simply pick it up for 15 minutes, or for a couple hours. Games like that are few and far between.

Replay Value

This is where MSR really shines. There are so many different levels, different cars and different goals; it will take hours and hours to complete. I think between my wife and myself we have combined at least 15 hours into it already.