I don't want to cut the race with a dremel, and I don't want to remove the hubs and take them to a machine shop. Seems to me that SOMEBODY must have access to this tool given the combined experience locally here in DFW. If I could find a picture of the tool, I bet that some of you could build one out of some threaded rod and scrap metal... Then we could ALL benefit from it. Anybody?
:help

Even if you have the tool more often then not the inner race pulls off the wheel bearing and stays on the hub.

You can either use a press to get it off from there, or (what I usually do) use a cutoff wheel carefully to cut 90% of the way through it then whack it a couple times with a hammer to snap it. Do not attempt to cut all the way through, you will destroy the hub.

Go to Vautozone and rent a slide hammer bearing puller. We pulled that shit off Rehan's E30 like no body's biness.

Yup, that inner race looks like it doesn't have a lot of reason to want to move on its own.. hehehehe.. :devillook As far as a picture of the tool, Pelican Parts shows this one..
http://www.pelicanparts.com/bmw/catalog/images/Tools_folder/B90-BMW.jpg
looks complicated (to me at least) to duplicate. Not sure from looking at the pic if this tool pulls the inner race too, but from talking to the shop, the whole bearing comes out relatively intact when you use the tool. I've read all the DIY's I could find and I know it's going to be a real job, but I gotta get it done soon. To do both rear bearings would cost me about 500. to 600. at a shop, so it could be worth it to buy the tool and rent it out to locals until it was paid for, or just sell it outright once I was done with it.

The slidehammer is fun :)

i did it before, but i had to cut the out race, its no biggy