At the M5DE I met the BMW paint expert. He explained that the color coat on the M5 wheels are only ONE MICRON thick, and are real silver particles! Your color on your M5's body is 35-45 microns thick.
He stated that the only option (at present) is to buy new wheels.  He added, it's possible that a new paint product will be coming out in the near future called "Liquid Silver", whick might be a viable repair option.
He also had some surprising things to report about the so-called "soft" water-based body paint...
 -Bill
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Sold: 2003 ///M5 LMB/LMB/Al (great car)
2007 RS4, Daytona Gray Pearl/Silver Nappa Leather/Carbon Fiber/12.5:1CR, 8250rpm, 4.11 gears, 8-pot Brembos, modded by Audi quattro GmbH
Daily driver: Cleveland Launcher Ti 460
Serious toy: '07 Ducati 1098S Superbike - quickest bike ever tested by Cycle World, 9.79 @ 147mph.
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