IMHO this is a smart move, now we can wait and see what happens..

Link: http://www.leftlanenews.com/2006/02/17/bmw-officially-announces-new-n54-turbo-engine/

I'd rather see a return to the bix six n/a 3.5 litre, which you could aftermarket turbo for much higher hp, but this is their first gasoline turbo since the 745i which we never got in the us anyways? Looks cool.