What little i know:
Front Wheel Drive
-better turning and cornering
-Better traction on slippery surfaces
-More stability
Rear Wheel Drive
-Turns wider and more prone to "Fish tailing" (this is why in old movies cars swerve more as they turn corners in chase scene than in todays movies)
-Less traction on slippery surfaces (the back end tries to push the front end out of the way)
-Less stability (see above)
More info is found useful in this article by popular mechanics:
Pop mechanics Rear vs Front wheel drive
trust me, i'll be taking some time to read about it.
