With the "e" models yes. I have a 2.7e and from what I've SEARCHed its the following: INTAKE WITH INJECTORS, 1.3 MOTRONIC ENGINE WIRE HARNESS( all engine ellectrical including DME), THERMOSTAT HOUSING(for the different electrical connections then in the 86e), VALVE COVER, SINGLE FUEL PUMP, HARMONIC BALANCER(for the crankshaft sensor), O2 SENSOR, OIL SENSOR.. Copied and pasted. I found a 3.5 liter out of a 91 535is, it came with engine, transmission, ecu, wiring harness, air box, and afm. I only paid 400 bucks for all that. Engine only had 150K on the ticker.
I only say this because I was going to do the same thing your doing. I weighed the pro's and con's and came to the conclusion that I would rather double my horsepower and torque with the bigger engine first. Next year I put the 65mm turbo kit and miller turbo tuning kit with a cam and mild port and polish to double my horespower again. I just think this is the most reliable way to make power on a budget. But to each their own.