Thanks kmagnuss, that's a pretty good visualization. Since it doesn't seem to be affecting anything other than parked ride height (seems to drive and handle perfectly), I will start saving the dough and try the repair myself with the threads I have found here. Thanks to all for the comments and advice.

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2006 X5 4.8is
LeMans Blue over black
Style 168 rims
Blackout grills and hood vents
Aux jack