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I'm Digi on the X5 board, and was (am) a regular poster until my M5 arrived 2 weeks ago. BMW sent letters to all of the X5 4.6 owners recently congratulating them on their new M vehicles. There was a letter scanned and posted on the X5 board. A bunch of X5 owners met with Martin Birkman of BMWNA, and others. They indicated that the 4.6 was essentially developed just like an M, and had many of the same features, but BMW had reservations about classifying any automatic car as an M car. They also were concerned about the SUV-type characteristics as not quite fitting the M mould.
An M in spirit and in capability, just not the right tranny.
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