This car is simply amazing. I have driven it for ten years and loved every day of it. I am still excited every time I get in the car to drive. Although not a "beast" as far as power is concerned, the '98 M3 can out-handle just about any other car on the road. The ride is adequately comfortable, yet the suspension gives every turn a sporty feel. For the most part, this car has been trouble-free (albeit only 55kish miles; water pump, clutch replacement). Some minor complaints: wish there was a 6th gear, fog lights seem to crack easily, poor air conditioning.
Dakar yellow color - absolutely stunning. Performance. Traction control system makes the rear wheel drive very manageable in snowy weather, especially with all-weather tires. Traction control can also be turned off for sweet burnouts and donuts :) (and hence, my clutch replacement).
Besides the minor complaints listed above, I think BMW pretty much perfected the E36 M3.