I am/was not going for the M package. But you are right, the touring version looks better than the sedan (in any color) but specially for the more special volors like montego blue.
The decision has been made and the car will be ordered next week.

Here are the specs:

318d touring
Montego blue
Black sensatec leather interior
Aluminium inlays
Sport seats
Multifunctional M steering wheel and M gear knob
Option line (which includes 16" styling 268 rims, roof rails, electronic airco)

Now the only thing I need is a time machine that will flash me to october 2008....