As much as I think real CF is cool looking, you've got to paint it. It's just so far from the rich and noble E30 M3 tradition. You've got a nice Evo look going so I wouldn't want it to look too fast or too furious. I don't know about you but I hated people who thought I riced out my E30 M3 and it was bone stock. Adding a CF hood would have really made people think I was trying to be a boy racer.
I don't know if you know about a fellow X5 owner here who has a very clean E30 M3. Check it out
here. Full Evo interior, red seatbelts and all, plus the very rare glass moonroof.