After digesting this information for a little longer, my initial +ve impression is offset by the following:
Even though the torque curve is relatively flat after 3500rpm, the peak torque of 400Nm only translates into 295 lb-ft of torque. Like the V10 M5, it will likely be lacking in low end torque (especially below 3500rpm) and will need to depend on high rpm to really accelerate. Nothing wrong with that, and completely in line with BMW M philosophy. If the overall weight of the car is low, this car will still fly when driven properly (rev it to the heavens...

).
As a comparison, even the older 5.4L V8 of the C55/SLK55/CLK55 has 400Nm available starting at just 2000rpm, with a peak torque of 510Nm (376lb-ft) at 4000rpm. And we already know the newer 6.2L V8 from AMG has high torque AND high engine speed limit. There really is no replacement for displacement (or forced induction like the 335i) when it comes to torque at low rpm.