I had v26 (never loaded 26.09a) on my 2003.5 M3 and updated to v27 posted above and no perspective view.
I bet it's only on the alpha build (26.09a) and any subsequent updates after that retains that view.
Does anyone have the official release notes for v27?
UPDATE: Thanks to 2Wires, the Perspective option is now available. See 2Wire's post below on the additional steps needed to turn on Perspective mode once you do the update. Also thanks to UCrewX5 for posting the fw image.