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June/July sounds about right to me. I picked mine up last month and I know my dealer had more orders than he had cars allocated for the first half of 2008. I believe that's right about only a limited % of X5's being SD's...I'd heard 15% but not a big difference. I think there are supply issues with the engine.
If you are after an M Sport I think there are a few of those around as demonstrators. My dealer had an M Sport SD in the showroom that I they were thinking of putting on the road as a demonstrator. It was Sapce Grey with a highish Spec...around £60k.
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