This is what my 2001 740iL looked like when I picked it up Summer of 2007 with just over 23,000 miles. It came with the Racing Dynamics rims pictured as well as the stock M-parallels. It now has about 33,000 miles. Only time will tell what it will become.
Unlike some out there, I do not claim that my car is a bulletproof M7. For one, my car does have a moonroof. Also, the rear windows can be rolled down. Hence the controls in the driver's door. Some uninformed and ignorant people think they have a Protection package when in fact they don't. They think because the glass is thicker than usual it will stop a bullet - FALSE! The thicker glass just insulates better.
Also, BMW never, ever made an M7! Slapping an "M" and a "7" on the trunk just makes real 7-series drivers shake their heads in disgust at the poser.

Here it is with the Moda Rims and Hamann Roof spoiler

Closeup of the spoiler

Latest photo showing the Eibachs installed.

Original Options
Sport Package
Convenience Package
3:4 MK2 Navigation
Mods Installed
19" Moda R8 Rims with BF Goodrich KDW g-force T/A
245/40/ZR19 on the front and 285/35/19 on the rear
Aluminum Gauge Rings
Angel Eyes - installed outside of the lenses
Hamann Roof Spoiler
Basslink
Eibach lowering springs
Quad brake lights
Mods already purchased, but have yet to install
Heated Steering wheel
Driver's Seat heating element
OEM Seat Heater switches
Planned Mods
750iL style interior (Leather/wood)
Cold Weather Package Retrofit
ACS style pedals
Trunk lip (Maybe, now that I have the Hamann spoiler)
Exhaust tips (Remus or Eisenmann)
6-speed manual conversion (Whenever my wife's transmission fails)
Strong Strut
Supercharger
Limited Slip Diff.
Widescreen Nav
CarPC
Bluetooth
Alpina front spoiler
Helpful Cardomain tip
If you come across a Cardomain ride in which the user placed a video at the top and it interferes with you voting, here is the solution:
Go to Tools > Manage Add-ons > Enable or Disable Add-ons
Choose the Shockwave Flash add-on.
Select Disable.
This will disable the video so you can vote.
After you vote, repeat and choose "Enable" to enable Flash again.