Update:

I spoke with the local BMW dealer who had performed my service work yesterday. This is where I first became aware the X may have a CPO. I spoke to a SA, who told me I DID have the CPO. I asked if CPO follows the VIN, not the owner; she said that's correct. I asked her to provide me with some documentation, and she faxed me a "Warranty Vehicle Inquiry" report for my VIN. It shows me as the current owner, and it shows the CPO for my '05 was put into effect 1/10/05, expiring 1/10/11 or 100k miles.

Based on (a) my BMW service receipt yesterday indicating "Client has CPO Warranty, (b) my conversation with the SA at BMW, and (c) the documentation she faxed in support of her statement, I have to believe I DO have CPO. Anyone care to comment? Am I misreading this in any way? Before I go ahead and cancel my extended warranty, I want to make darned sure my butt is covered by CPO. TIA!