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I recently bought a 93 BMW 318IS without an engine. I found a dvd on ebay that instructs how to put a 5.0 V8 in it. I found a parts 97 mustang GT (4.6L) and I'm wondering if the 5.0 is close enough externally to use the 4.6 instead of the 5.0.
IF you REALLY want to install a real engine into your Beemer, I'd spend the coin and have a reputable shop swap in a Coyote 5.0. That would be pretty bangin!!! (That too is going to be a major PITA!)