I've had my e38 728i Sport since August last year, its a superb car.
If yours is a weekend driver, your laughing, you can enjoy it without the day to day running costs!
That said, my 728i is good on fuel, excellent to drive (it has a semi-automatic gearbox which I like)
I'd definately have another.
www.e38.org is an excellent resource on all things related to the e38 7 Series.

Honestly when I drive it, I notice people being more aggressive around me like I am some kind of target. Hell I even had an 18 wheeler move over into the lane to the right of me when I put my turn signal on to move over, then when I went infront of of him, he flashed his brights at me. Go figure.
I do get a lot of compliments on it and have even had a few thumbs up from folks but I do notice people using me as a target lol
I've noticed the "Target" thing also SaVas, I put it down to jealous types who like my car too much!
Ironic that I drive articulated trucks over here in the UK! I'm happy to say UK truckers seem to leave me & my 7 alone...
Theres something very "Gangster / Drug dealer" about a Black BMW 7 series in many peoples eyes, I try to maintain the image.... ;)

Posting drivel here since Jan 31st, 2002. - That long!
"He who laughs last, thinks slowest."