Sounds nice, I'm starting to like the E36 "is" models more and more. I've got ideas on what I would want it to look like. It must have the sport package though, I like the seats. They look great lowered with an "M" front air dam and painted side skirts with 17" wheels and clear corners. Especially in Alpine white with black interior. Your black one will look great! Maybe I'll trade the 318iS someday...
Where did you end up finding it? Will you be shipping it or flying and driving? The flying and driving part is a blast.
Good luck,
Jr