I emailed my dealer and asked them to double check on a Spring '11 launch for the 2012 X5. They replied that after looking into it, they were correct and the '12 X5 will be available this Spring; no specific month. Previously they had stated that they should have the build codes by end of Feb, order in Mar for Apr delivery. Only a couple of months so I am willing to wait. I doubt there will be much in way of changes after LCI; maybe communications, iPod integration. The '11 was introduced last Spring, so it will have been about a year.