There are a few things that bother me about the 1M.
My last few BMW's: many before.....'08 135i, '11 M3
1) I got rid of my 135i because I just couldn't get used to the headlights. They are tooo big, tooo tall, tooo something. They just never grew on me.
Call it trivial. Eyebrows didn't help on the 1M either. You have to love looking at your car as much as driving it.
2) I can't believe they left out the M seats. Weight, cost, whatever reason. The M seats are far better then the sport seats (which are identical in the 135i)
3) The engine. The N54 is a great motor, and turbo engines are the future (according to BMW). For the sake of the brand finally fix the HPFP problem. Note: Anyone complaining about the lack of torque on the S65 must have never owned a M car before. Rev it baby!!
4) DCT - BMW didn't leave out DCT because of the "It will outperform the M3" nonsense, but because of the price point and weight. Add $2900 to the price and another 200lbs - the 1M would really be porky.
Just my 2 cents - don't flame me.
I still think the 1M will be a hit, and the next gen may be the next best thing.