Update 6/11/13: BMW was unable to get ahold of the engine located here in the USA so they have placed an order from the Germany for a Brand new 4.8is engine! should be arriving on the 17th!! keeping my fingers crossed!
I may be wrong but I have a feeling that they are trying to save face with this move. As you could all agree I could of and should have taken this to the media, I could have sued for damages, I could be rolling in a brand new x5 over this issue but I wouldn't trade up the "rare" 4.8is that was only produced for 2 years with a beast engine and body style. Cant wait, I have so many plans for my ride when it comes back!

-running boards, wheels and tires, (completed new suspension), brand new engine. this one will stay in the fam for some time!
lets just hope there isn't another hiccup!