Hi Doug. To be honest, this was a lot of trial and error (mostly on the part of Peter -Peterinfla). I spoke with him regarding his spring choices and as I recall, he had attempted using 300# springs and they pretty much collapsed on him just setting the car down. That said, I believe he was using 6 in springs. I'll ask him to comment on his experiences but based on our discussions, I bought his extra set of 400# 6" springs from him (hence the $75 that I sent him today) to try out on my car. I found these to be a bit stiff, and also felt that they were nearly collapsing when hitting deep pavement bumps not because of the rate necessarily but because there was just not enough space left between the coils on the 6 in spring. I was also concerned that, based upon measurements, there was a potential for the shock insert to bottom out at/or slightly before the spring coils bottomed out.
So, I picked up the 7" 400# spring and gained nearly an inch of travel, while also getting a smoother ride (because of the longer spring) that does not at all feel like it is bottoming out on deep bumps. Peter is using 350# 7" springs but has lightened his car quite a bit. Honestly, even my wife says the car is very comfortable to ride in and she complains that her 2005 Mini Cooper S is way too stiff on the road.
Regarding 7 vs 8: I have my 7" springs as low as possible and that is the look I prefer on the Bav. Had I used 8" springs, the car would have to ride about an inch higher than desired. Simple as that...more extreme drop.
Sorry for the long answer to your simple question.