As of July '06 I've owned my M3 for three years and it's my daily driver. It is a fantastic experience. It takes a while to learn the SMG but it,s worth it; once you've got it down you'll never regret it. Buttery smooth shifts or burnouts from hell. The ride is pure performance. You feel like your hands are running over the surface of the road. With that kind of input you know exactly what to expect from the car. My M3 has been everything I hoped it would be. I've had any number of total strangers come up to me and tell me how much they like my car. I have no idea what BMW is going to do for an encore but I will be ready, willing and waiting.
Ride, acceleration, handling, brakes, SMG, looks, comfort, the whole car!
Keep the formula on the next version. I have no idea how it can get better but I'm willing to find out.