Here is a link to a guy who dropped an M3 engine into a 2002...
http://homepage.mac.com/iandickerson/M2002/
These 2002 w/the M3 engines shock people - even at BMW club events on the race track. The standard is for the noted slower car to give way to the faster machines. So, the 2002 is suppose to make way for the M3 in the strait away. Ah, but the 2002 with the M3 engine does not make way and totally blows the minds of the M3 drivers AS IT PULLS AWAY...