I am Teh Edumacator.
Join Date: May 2005
Location: ATL, London, and Barcelona
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They're not difficult to work on at all. If anything, things are in much more logical places, and unless you're dealing with one of the V12 models there's plenty of room in the engine bay. Parts aren't cheap, but not as bad as you might think. If you're the kind of guy who's just willing to tinker with it until you've got it right, and you've got the tools to do that, then by all means tinker away. You'll like what you've got when it's eventually fixed up.
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1999 E39 540i/6-VF Stage 1 S/C, Dinan exhaust, Dinan strut+shock braces, Dinan ltwt flywheel + clutch, Dinan Brembo BBK, Dinan monoball, H&R Springs, Koni Yellows, M5 sways, Dinan forged 18" wheels, &c.
1995 E38 740i. Highly modded. Faster than you.
Sold 2-28-07: 1997 E36 M3/4, 8-30-05 RIP 1997 528i
Lindsay fan club member.