No doubt! You're absolutely right, I actually mixed that up with the E30 :) Old habit.
I plan to stick with it and drive it as long as the engine allows since it's pretty much the best daily I can imagine. For longer stretches something heavier and quieter is more comforting though.
With the prices this low I do plan to pick up a 328 if I can find one or alternatively 325/330 with the M54 even though I do not like what the longer stroke setup does to the characteristic, takes the turbine rev style away somewhat.