Options/suggestions...
I think a knock off of the Alpina setup would really put you guys head & shoulder above the rest. Bi-turbo with an optional piston / rod set to go with it, or use it on the stock (9.5 ?) compression. If there was a kit that looked like it was an alpina setup w/o the brand name, I'd buy it.
Stock-looking looks are great too, IMHO. Some of the kits make the engine bay look like Dr. Frakenstein was the mechanic.
Good chip / ECU is important too, obviously. If you could get away with using the existing motronic but swapping out some sensors and programming, all the better.
Last, and most important, dyno your tests! Multiple times, so we know it's not a statistical fluke.
Robin
72 Chevy K10
01 E39 M5