I wasn't all that impressed with the E46 M3.... being up in Canada I was spoiled with a ride-along in the Canadian market 95 E36 M3 that came stock with the 286hp euro-spec engine while the US was stuck with the detuned S52.
Thought that the E46 would be similar, or even better... only drove a SMG Cabriolet (was going to get a coupe) and was dissapointed to say the least.
Cancelled the order and dropped a cheque off at the Chevy dealership instead...
The E46 is a gorgeous car though, can't deny the looks.