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In Reply to: Re: Fahey Hub questions..... posted by bmwwholesale on April 14, 2002 at 19:36:50:
The repair included crankshaft replacement, as once the keyway is damaged a hub can never again be properly mated. This is very expensive. In the E34 M5 this design was replaced, no nut, no key, an entirely different design.
So Frank Fahey (sometime BMW tuner and performance parts manufacturer) designed a specially hardened replacement crank hub that prevents the key from working loose - don't ask me how or why, I don't know the details. I believe that Fahey sells the part for $350. When you replace the timing set, you must remove the crank hub, so there's no additional labor charge involved in the installation of the Fahey hub.
I've heard that by the end of the #28 M5 run the OEM hub material had been altered to fix the problem, but have never seen proof. I've also heard that it's not an issue unless you expect to track the car or engage in other activities that extract maximum performance from the engine.
After 200,000+ it's unlikely the hub is going to go bad spontaneously. For cause (more performance driving than the car has ever seen before comes to mind). But still, any time the hub is R&R'd, there's a risk of it not going back on as well as it was on before. That 350+ ft-lb torque of the hub nut can be hard to do correctly, for example. So long as you are throwing a wad of cash at it anyway...
By the way, I haven't done it on mine, either.