To respond to Phimosis, Edmunds is pretty horrible at running cars, I'd stick with motortrend at 12.7 to be fair to the m3 with a similar trap speed around 111. Motortrend has the Z at 13.3 at 107. Semtex and RCZ are well over 300 whp and you have all their mods plus a reflash so I'd say if 12's aren't a possibility with that kind of power I'm missing something. To respond to RCZ, I'm quite happy with the car as it is but if you can make the car that much faster and retain its driveability, comfort and reliability then it's a win win especially at a fraction of the cost of the original purchase. Didn't buy the car to indulge my ego nor would I mod it for the same reason, just want the best car for the money.
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