Yes, the nose height step is due to new regs on maximum height of the nose front of the front axel or something.
McLaren shaved off the underside of the nose to meet the regs, and looks much nicer. I guess we'll have to wait and see which one actually performs better.
EDIT: The more I look at it, the more I can't believe Ferrari let such an ugly nose out the door. The FI and the Caterham cars are bad, but the Ferrari looks even worse.
EDIT 2: Reading this. Found this quote from Ferrari amusing
http://adamcooperf1.com/2012/02/03/f...ally-pleasing/
Quote:
“The nose has a step in it that is not aesthetically pleasing. With the requirement from the regulations to lower the front part, this was a way of raising the bottom part of the chassis as much as possible for aerodynamic reasons. The sides have been redesigned, through modifications to the side impact structures, the repositioning of the radiators and revisions to all aerodynamic elements."
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