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Had mine replaced today. Tech said that it's a common problem. I have a 2008 328i with 47,000 miles. It cost me $500 to repair. Tech also said I have a very light oil leak from the gaskets. Nothing major, however, will have to also repair that. I can't understand what's going on. If the belts are a problem, why isn't BMWNA taking care of it. I think I'm going to call BMWNA on Monday, and see what they say. We shouldn't get stuck with a pretty hefty repair bill if it's an issue. I'm saying recall.
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