Well, as the subject says, I have a '97 E36 320i, and since I drive it hard, my brakes always get smoked after such driving, but the real problem is that they stop braking efficiently, so sometimes it's even dangerous. A friend of mine advises teflon-based brake pipes (where the fluid is) for a low-cost solution (like because they don't get affected by heat and thus don't expand and lose their pressure), and for high-cost solution a complete change of brakes and putting the M3 brake system.
What do you say?
Thanx.