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I owned an E46 M3 for 5 years before moving to the 1M, and I agree that the 1M is much better for daily driving given the low end torque. However, the M3 high revving engine was special when pushed to the limit. Both are great in their own right and you can't go wrong either way. That being said, I don't think I'll ever get rid of my 1M.
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