This post certainly seems eeriely similar to "my IMS crapped out on me" posts. How did you get your 7yr warrant and do you think this will be covered?
To me, IMS failure is the only realy scary part of boxster ownership. I really wish our community could mobilize and get some policy in place because this is clearly a major design flaw inherent to the engineering of the M96 motor.
Couldn't this fall under the realm of the implied warranty of merchantability and fitness?