To answer Bertocchi's query, there have been a few M5/M6 (S38) transplants done for coupes; however, aside from the motor I have not seen a complete listing of all the parts/ labor required for this swap. I have to admit to being very, very tempted by this conversion. I have the 3.5L, 1.3 motronic FI conversion now and while I am really pleased with the enormous bump in performance/reliability over stock I have to admit that I lust after having a true sleeper. Yes, I know putting on a turbo would probably net more gains than a stock s38, but what did someone say about turbos; 'power too late,' and there is just something about that s38 in the e9 that looks so right. Cost is obviously the big concern for this conversion, because while I am seeing plenty of M cars of the right vintage for amounts that are reasonable, the fact remains that a likely rebuild for the motor will run close to $10K from all the research I've done. So, you add the cost of the motor, rebuild, and labor, you are looking at $20K easy.
That being said, does anyone know if the s38 from a 1990s M5 has ever been dropped in a coupe as this would be an out of the box rating of 310HP (s38b35) or 340HP (s38b36) over the 1980s s38's rated at about 256HP?
-Walt