Another thought was that he didn't realize that he didn't have his E46 M3 in "sport" mode. Though, some of the other reasons are also probable.
And in reading the original post...Spyder1727 isn't bragging, he's inquiring about what possibly went wrong since he's well aware that the M3 turbo's should have smoked him...
Also, remember a stock SRT-4 Neon can keep up with a stock E46 m3.
spyder1727...have you posted on M3Forum.com which is more centrally focused on E46 M3s...but be warned that you will get flamed big time unfortunately.
08 E90 M3, JrzB/BB, 360 Forged 8 Mesh, H&R Springs, RPI Scoops, Eisenmann Sport Exh, VRS Lip, CF Decklid, CF Diffuser, OSS LED AE, Rear Headrest V1, '09 iDrive Controller, Euro Rear Fog, OEM BlackLine TL, MRTM Design E90 Pedals & Door Lock Studs