My E30 does this as well, but there have been one or two occasions where it didn't start in the moderately cool weather. I cranked it for quite a while and the motor almost caught every few seconds - it would burble like it's about to start and then go back to cranking. 9/10 times it has trouble starting (cold only), it cranks, burbles, and then fires up. I was told I should check my fuel pressure at various places along the lines, but not only am I lazy but I also lack a pressure gauge (and my last experiment with fuel lines ended with gasoline shot down my ear canal... OH the pain). I looked in the Bentley and with the fuel pump working and the ICV mechanically functional (the jury's still out on whether or not it's getting a signal), I decided that the cold start valve might be shot. Granted, the Bentley I have covers my body but no the M42, so I haven't investigated yet.