I guess you and i think differently. I always do a cost/benefit analysis on everything I buy...from a pair of pants to my cars. When it comes to price, it's all part of the bigger picure. To me, the Enzo's performance is definitely not worth the price, but to others it may be.
Here's how I assess it:
Par of that picture is aesthetics. I don't find the Enzo to be attractive at all. So that's out.
Part of that picture is quality. Well, we all know what I think of the "quality" in new cars, nobody wins there. If anything, the Ford gets some advantage here because Italians typically sacrifice overall quality and durability for flair.
Part of that is sex appeal. The Ferrari owns. You'd get 8420938409 times the poon in the Enzo, lets face it.
Part of it is raw performance numbers. Advantage Enzo.
Part of it is the attitude with which it performs. The Ford appeals more to me here with its low-revving supercharged V8. Too bad it's not pushrod.
Part of it is price. At 4x the price of the Ford GT, the Enzo had better be worth it.
Overall, the Ford wins for me because of its price advantage and the way it drives. Most of these criteria are subjective, but then any car at this level is bought as much on passions as on raw hard data and logical thought. The Enzo's styling and price just leave me cold.