Not sure what year your car is, however the engine is probably only rated at 192 HP at the flywheel. If its an automatic you are going to loose 20% by the time the power gets to the rear wheels. So 160 is about right.
That p/n is for the vanos solenoid that controls the intake camshaft. http://www.realoem.com/bmw/showparts.do?model=DM63&mospid=47585&btnr=11_1480&hg=11&fg=15&hl=18
That's about a 16% loss. If you have an auto trans, probably nothing to worry about.
What is a solenoid switch?
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