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The go-fast version of the E46-generation 3 Series is seen as some sort of a last hurrah since it stands as the final M3 to be powered by a naturally aspirated inline-six engine. With turbocharging being the norm nowadays, an N/A M3 may never return and, as such, we look back fondly to the E46 M3, the first properly fast M3.
Or do we? Many criticized BMW for fitting this M3 with the SMG-II semi-automatic transmission that was lackluster at low revs and oftentimes sluggish when compared to the manual six-speed transmission. Then there was also the crowd that bought M3s that blended in well with the rest of Bimmer owners that give the Munich-based company a bad rep because of the way they behave in traffic. RCR dives in to give its opinion on whether the E46 M3 was a hero or a villain.
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