http://www.realoem.com/bmw/showparts.do?model=HE63&mospid=47410&btnr=65_1028& hg=65&fg=60
Well I'm not sure this is it or not, but it sounds like it could be-- inclination sensor. Also, for what its worth the cost is about the same as what the shop told me it lists for at the dealer.
Now, does anyone know anything about this thing and how I can get at it before I tear apart my trunk looking for it?