Seeing the prices and specs between the two. Im gonna go with a spec V, corolla is boring and just a car to get you around. Only thing I do like over it is the more roomy interior.
The Spec V is a very nice handler. I watched a young couple co drive one together at an auto-x and I believe all they had was Azenis on it, and they set down some impressive times, even the girl was only a 2nd or two behind her man.