The E36 is known to have a good steering rack. It isn't an M-car, but then the new M direction is softer, so who knows how they compare?
Anyway, what does my car have to do with this? I'm 22 and it's my first car, but on paper reports aren't beyond my level of understanding and the reports aren't universally glowing as yet for the new M3.
EDIT: I used that name on the old Autocar forum when I was about 19 and at the time, the CSL was my favourite car. I only got the E36 in March, and I joined here in February.