Not bad choices. I personally would go for the Bilstein PSS9 coilovers for the adjustable hieght option. Those springs are good, but you would need to get different shocks to compensate for the lowered ride hieght or you will wear the OEM ones out way quicker. The PSS9 setup already includes that. Their are other good coil over set ups for less money if your interested in going that route.
Hawk pads are a good choice over stock. I believe they are more dusty over OEM pads so expect to clean your wheels more often.
Those brake ducts are quite common on a lot of track cars and are a good choice for increased cooling.
A friend of mine just got a set of Nitto NT550's (I think) or similiar. Their a dual street/track tire with lots of grip. His M3 is boosted with an AA Supercharger so he needs grip. So far he loves them.
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