So here's an update of the adapter I bought from the Apple store about a week ago. I got the prolonged adapter, not the small more sought after converter.
Anyways, works like a charm, just like the OEM Y-adapter works for the 30-pin iPhones - Got access to my playlist, etc. from the iDrive menu. AND best of yet (and a big kicker for me that worked with the 30 pin previously), the audio out plays the applications; youtube, soundcloud, etc. (audio only).
Audio sounds good! Same as before, and iPhone charges (even though charging is so slow).
Edited: I am using the Logic 7 Audio System, with the CCC Navigation iDrive system.
Last edited by nicky dj; 11-01-2012 at 04:33 PM.