My brother has just got an E46 M3 (SMG) to replce his abandoned Fiesta RS Turbo project. It's a superb bit of car. My only criticism of it though is the total lack of drama and the fact it just doesn't feel quick.

Hats off to BMW though as he had a rust patch on the rear arch and his paint guy said speak to the dealer. They photographed it and went away, 2 days later he was called to say it was a warantee issue and it would be sorted FOC. Start to finish inside of a week to sort it out.