A few months ago at a gathering of friends, two BMWs were present – my friend’s E46 M3 and his acquaintance’s E82 135i. A bit under my breath, I mentioned to him that I still couldn’t get over how unattractive the 135i was compared to the M3. I may have said that the E82 looked a bit like a really poor quality bodyshop repaired a E46 that had been both in full frontal and rear crashes – poorly. But my friend countered that if anything, that 135i was faster and more fun to drive than his M3. Looking back, I paused, and thought “Could I?” The answer remains no in my book, but it does raise an interesting question – with E92 335i prices dropping within reach of the higher E46 M3s, which is the better choice?