One: an M42 is a
much lower maintenance motor, even a built-up motor like the MM Rally 2100. The S14 requires a costly valve adjustment every 15k miles (costly in your time or your $$$, depending on how you ride). When the motor was first announced, BMW referred to it as a 'zero maintenance' motor (of course, there is some maintenance, but considerably less than other BMW mills).
Two: an M42 motor is a less-costly motor in terms of spare parts compared to an S14 motor. Let's face it, the expensive bits in Jim's motor are the crank (and how often do you break a crank?), the camshafts, the rods and the pistons. The rest are stock parts that have been modified. Heck, the crank is even a stock crank (albeit an M47N crank). S14 parts are extremely expensive - the stock joke is take a reasonable cost for a part and multiply it by 4 to get the M-part cost.
Three: you're running a 205HP
M42. If that isn't sick and wrong, I don't know what is. Sick and wrong is always good.
Oh yeah, the M42 is lighter than the M50/2 and S50/2 and S14 motors. Lighter weight = HP (well, not
really, but you get my drift).
-D