I would really like to see a ltw wheel with a huge lip. It would be great if the center of the wheel could actually be resessed more as well. And a drop would be great to :) Here's some pics:

also if anyone wants to be creative have at it. I think some rear clears would be pretty sharp.

Best I could do with a low-res image:

http://www.bmwheritage.com/images/m3_LTW_lip.jpg

just a bit deeper than the one above.....
http://img106.imageshack.us/img106/5797/redbe7.jpg

thanks a lot guys

looks good. Not do it.