I really don't care which market 1M or M3 is for. I also care less about styling. I don't have anything to prove to anyone by buying an M3. I don't care its social status. Even if 1M is the ricer car of bimmers, I would still buy it if it had S65 in it.
The ONLY reason that I won't buy one is the engine. If I was into turbo engines, there are many alternatives.
2011 MINI Cooper S
previous cars: E92 M3, Z4MC, Z4 Roadster, E36 328 Sedan