Before you make the choice if your looking for a good track car than yes consider the M3. I tracked my E92 and that changed alot of my opinion's about the car, what I don't like is that the car feels soft/heavy during daily use compared to a 996 turbo or even previous M3. A 996 feels a bit rough/aggresive, the old E46 M used to have that feeling and it's lost with the new design that's what I miss. I do think that with a little tuning the E92 M would give the 996tt a good run on the track. Either way you can't go wrong they are both extremly well built cars, but remember the E92 M changes alot at the track that might suprise you.
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