I was considering the same back in Sept., but ultimately went with the 335is. They were both new however, so the price of admission was a factor to me. Also, I was concerned about the mpgs and tire wear for the M. Nothing beats the higher reving V8, but as a DD, you have to be on it all the time to feel the power and at the expense of fuel. After the test drives I thought I would leave the M with a feeling of "I gotta get this," but I didn't. Overall, the 335is suited my needs better at this time.

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2012--E92 335is
2011--E70 X5d
2011--E89 Z435is*
2009--E89 Z435i*
2008--E92 335i [ED 2/23/08]*
2007--MkV GTI*
2006--E90 330i*
2005--E83 X3*
2004--E83 X3*
2003--E46 325Ci*
*retired