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The Z4M was certainly compared against a lot of cars upon its initial launch in 2006 - Porsche Boxster/Cayman, BMW E46 M3, etc.
Nowadays comparison generally is against other BMW enthusiast models (1M, E9X M3, Z3M) unless by a previous (or current) Z4M owner. Lots of folks on this forum have sports cars from other makes and happily extol the pros/cons versus their BMW experience.
The Camaro 1LE and Mustang GT350 are outstanding cars. In terms of ownership, the value proposition as a Z4M replacement is still not there for me. As an addition to the current garage - absolutely yes.
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