I also determined where the pressure leak in the cooling system was. I was figuring the radiator had a leak, most likely at the expansion tank. So I bought myself
the cheap HF pressure tester and got to work.
As reviewed, the pressure tester pump looked fragile. I'm only planning on occasional use, and if it saved me buying a new radiator i'm already ahead of the game. On the plus side, it was cheap and worked better than I had expected. The most important part - the late-model BMW adapter - was a pleasure to use. It fit perfectly and held pressure well. A thin film of silicone lube is a good idea. I really liked the air fittings, although they are a very small/non-standard size. ID is small, just a few mm (1/4"?). On the minus side, the pump provided some really great wrist exercise and almost a half-hour of quality meditation time. I might install a standard air fitting with a pressure reducer or a bike pump to improve it. I wish it came with a BMW cap tester. In my experience, BMW's 2 BAR pressure caps are usually bad anyhow. I just bought a new one, they're cheap insurance.
I had also been testing out an 88degC thermostat to see if I could get a few more MPG. It did give me a small gain, but the car took a long time to heat up and the gauge always looked uncomfortably warm. So I'm going back to the stock 80 degC unit and a matching 80/88 degC fanstat.
I started out by installing a new thermostat and expansion tank o-rings. The o-rings & gasket were all were in poor shape. I reassembled the system & popped on the tester. It failed to hold steady 1.5BAR pressure, leaking out slowly. I couldn't hear any leaks, but I did note a wee puddle under the middle of the car. Any ideas what that might be?

Yup, bad heater core. I knew it was weak, but I had hoped to ignore it for a little while longer. So I ordered a new one, along with o-rings for the heater pipes. After I installed all that, the system
finally held pressure. I'm told that BMW specifies a 1.5 BAR pressure test with less than 10% loss over a half hour. Mine held 2 BAR for over two hours with a 5% loss. I'm happy. I refilled it with a 33:66 mix of coolant:distilled water, bled the system, then came back the next day to top it off. I've found that a higher water content makes bleeding the system a bit easier. I had also hoped that thinner coolant would slightly improve fuel mileage and make the water pump live longer, but I haven't noted any substantial differences.