See my thread. But to summarize from my work statement:
Change oil and oil filter, service rear diff, and perform multi-point inspection.
Per CBS notification: replace micro filter
Per CBS notification: perform intake silencer service
Perform service run in check
I think Greg posted the BMW doc outlining the work to be done at the 1200 mile service as well on another thread.
And of course, tell them that if they put more than a mile on the car, you will set them all on fire.