Hey slybry, first off, you are going to love that car. I have a 2007 328xi coupe and a 2011 Mustang GT with the monster 5.0, and every time I drive the Mustang (which is just a blast to drive by the way) I am reminded of just how damn good my 328xi is. I still love that car 4 years into it and it will be replaced (eventually, not ready to part with it just yet) by another one.
Now, one to your question. My bimmer came with 17's. Conti ProContact RFT's. They are hard as a rock, but gave great grip. I drove the first winter (Edmonton) with just the Conti's and it was ok, but I wanted the security of true winter's, and you don't have a choice there in Montreal. Winter's required by law. I went to a Kal Tire shop and bought a pre-made tire and wheel package that had Michelin x ice 17's, NON rft. I carry a couple of cans of sealer/inflater AND a small electric air pump that can be plugged into the 12V just in case. I have not had to use the sealer/inflater in 3 winters now, but I have it just in case. However, as for the rft's, I was a skeptic UNTIL I picked up screws in both my rear tires. The leaks were slow so I could use the portable pump to keep the air pressure up (they never went "flat" (as in 0 lbs air) and the fact that they were rft's meant that I could easily continue to drive for the few days that it took to get the new tires orderd and installed.
By the way, my two front Conti's are the originals and I estimate that they have about 50k on them. They are still not worn out, but I will be replacing all 4 this winter and putting them on the stock rims and back onto the car in spring.
My experince has been that if you don't drive like an idiot, the rft's should give you decent tread life. As for the winter tires, I went with non rft's and just carry around the appropriate materials to handle a winter flat as best as I can. Let's face it, a flat tire in winter is a pain, regardless of whether it is a rft or not!!
Good luck and take care of that bmw baby. It will treat you right in return!