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      12-19-2023, 10:02 AM   #2
Steeler
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Drives: Built not Bought 04 Z4 VF
Join Date: Feb 2013
Location: Kitchener Ontario Canada

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The M54 is a pretty stout motor as is.

If you see yourself possibly FI in the future, I would add head studs to the build.
Internally I would leave alone.

Only other thing you might consider would be some more radical cams, but this also ties into further upgrades.

Externally, headers and a free flow exhaust can free up some HP, but this is RPM related and not kick in the pants upgrade to HP.

Honestly, best bang for buck is a lower ratio diff.
Moving to a 3.46 or 3.64 would be your best bang for the buck.
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