Doubt it. Back in the day, my 5.0L ripped a new a$$hole in many an E36 M3 that stepped up. One word for you: OVERHYPED!
That car's junk, bud. The only thing going for it is resale because people believe in the BMW name. Bah... Some SRT-4's are putting down a 13.9 quarter. That will absolutely smoke an E36 M3, just as my old 5.0 did, with 1979 technology. BIG DEAL! Come to think of it... that little turbo POS will even beat most 5.0L's with light mods...
It's OK to give props where due. Dodge did a *really* good thing here... yeah, it's a neon, but it's hella fast, and largely revised. If you have an older M3, maybe you'll get lucky and Dodge's turbo 2.4L will bolt right in???