The first Wipeout i played was 2097, so it makes it hard to find a new "king of wipeout" in my opinion.

But one thing that really got to me in Wip3out was the ion trails. I mean C'mon, they just look like a stereotypical rocket trail, with a point at the end.
A few more minor rants might include the sound of the ships are like electric cars, and the cartoonish way your ship is destroyed.

but other than that, its practically perfect.