To each his own. I kinda like the AE hood, though I wouldn't put it on my 1M. My 1M has plenty of "lumps" as it is.
Short of the suspension and exhaust, I'd prefer to keep the exterior design as stock as possible. The 1M is becoming iconic.
2011 1 Series M Coupe VO M3 vs 1M Comparo Review
2011 M3 E90 DCT ZCP (sold) * 2010 335i Sedan (sold)
2005 M3 Convertible (sold) * 2003 325i Sedan (sold)