My X5 ('01 3.0 95k) just developed a squeaking noise emanating from the steering column which sounds like R2D2 after smoking a couple of joints.

I notice it when I'm turning the wheel at low speeds, such as during parking.

A search came up with this on the X3 forum and it was commented that this is a common prob with the X5s
http://www.xoutpost.com/x3-e83-forum/...queaking+noise

Anyone had this problem? I can live with it and usually just crank up my stereo, but I wanted to ensure that this wasn't a sign of a bigger problem.