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Depends on the lense you view 'progress' through to determine whether the modern cars are hits or not. The chassis, differential, tech, safety, reliability and outright pace has advanced markedly in the F generation. However the trade off has been numb steering married to effective but not particularly thrilling turbo engines, particularly the S55. As an enthusiast aural experience and driver engagement/feedback are key in my book, and modern M cars are lacking in this department. The last great M car they made is the e9x M3, everything after that lost some of the magic. BMW still does engine/drivetrain tuning to rank with he best, its just a shame they can't marry that to naturally aspirated power plants anymore. The fact the guy at the helm of M design clearly has disdain for the brand doesn't help either.
However if you look at non-M BMW's they have gone from strength to strength recently for all the reasons mentioned above, the G series vehicles are very well rounded and better than their equivalents.
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