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Well, considering the 70-81 Trans Am's were FAR better cars, with more power, better handling, better build quality, and nicer interiors than 70-81 Z/28's, I guess that puts the 70-81 Camaros and Z/28's just beneath the AMC Pacers and Gremlins on the old hiearchy chart.
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I have owned 4 2nd gen Trans Ams and I agree that the 2nd gen T/A was a better handling car than the Camaro but the only people I can see prefering the valour interior are pimps and John Travolta whannabees.

The turbo cars may have had more horsepower than the stock LM1 Camaros but everyone knew that all you needed were headers, a cam and an aluminium intake to get the car into mid to low 14's. We even kept the stock rear, crappy heads and Rochester on them.