Government needs to get out of this and give people a choice. Corn ethanol is artificially cheap as it is heavily subsidized at several steps along the way (farmers, distilling). It's not cost effective on its own, and it's not even cost effective when heavily subsidized. First you pay your taxes to pay farmers to grow the corn, then you pay your taxes to ethanol distillers, then you pay to buy more gallons of fuel to go the same distance. It's insanely expensive and should not be forced upon us. Just another example of government overstepping its bounds.
Aside from that, I like E85. I wish it were available more locally. It'd be nice to have 105 octane to build a nasty high compression engine for my car, since I don't care about MPG in that and rarely take it on longer trips. But I don't want this stuff forced on me. It hurts MPG and it's annoying to have to rejet my carbs and check my timing curve every time some goon from the government decides to force a different blend of fuel down my throat.