Youtube from Geneva Auto Show:
http://www.youtube.com/watch?v=UA9jxOTQGxE&NR=1

I can't tell exactly but at first glance it looks like they extended the front end some to fit more under the hood. Either that or it's angled lower for aerodynamics. It definitely doesn't look the same - not the same aggressive look.

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'08 X5 3.0si - Alpine White / Saddle Brown interior
Specs: Sport Pkg, Premium Pkg, Tech Pkg, Comfort Access, Aero Kit, Style 433 staggered 20s on Conti DWS
Mods: Carbon 35 tint, LED angel eyes, GP Thunder 7500k fogs, H&R 20mm/25mm spacers, clear reflectors, gunsmoke-tinted taillights
Coded: Digital speedo, windows/sunroof/tailgate close via keyfob

X5 pics at Flickr