When I bought this car last year, the original front Urethane front spoiler had definitely seen better days, curb damage, paint rash, tweaked, you name it.
I bought a new Fiberglass spoiler from Classic Euro Parts last year and it was a perfect opportunity to test the fitment and use it. This new fiberglass spoiler is about 6lbs lighter than the stock Urethane one as an added bonus. I was fully prepared to have to massage the fiberglass spoiler to ft properly but to my surprise, the fit and quality was perfect...highly recommended!
At the same time:
1) Repainted the front bumper (front and back side)
2) Refinished the front grills and the ///M badge
3) Replaced the chrome trim on the front bumper as the original trim had flaking chrome
4) Upgraded the foglights and headlight to LED (again highly recommended, I can actually see at night) this included new fog lights and made brackets to flush them with the spoiler opening
5) Painted the front nose of the car and painted the bumper \ foglight brackets.
6) Removed the old very weathered rubber trunk spoiler (what I called a "wet-noodle") and replaced it with a new fiberglass M-Tech spoiler
7) Painted the door trim as well

Onto the pictures.
Bumper and front spoiler before: