^ they are both WITH spacers... I guess it depends on the angle. It actually looks better in person. Because of the negative camber the top of the wheel still looks slightly tucked in but toward the bottom it's pretty much even with the flare. Basically, it's even more tucked in when stock (with rear 20x11", front 20x10" - the typical 4.8 staggered wheels). Unfortunately I don't have a good angle pic of that.

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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