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There's a DIY floating around. $1000+ is typical for a dealer. There are several independent shops that can do this. It's a common problem with all bimmers so a shop with experience fixing BMWs shouldn't find it too difficult. You should be able to find a cheaper price.
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--Marcelo
'06 Arctic Metallic 325i | Sport Package | 6MT | Dinan Stage III suspension | Dinan exhaust | 330i manifold swap! Click here! | Active Autowerke tune | 135i Brake Calipers | Deiselboost caliper brackets | E46 M3 front rotors |