Sorry but I think this issue is completely overblown and people get all emotional because of the significant amount of money to fix the problem.
Yes the '99 cars had a problem, only those cars that have very low mileage will still be affected since if they were driven at all most affected cars blew their motors during the warranty period, including mine, since it typically happened before 30k miles.
The RMS issue, is not an issue in most cases, Porsche has never made an engine that didn't drip a little oil. Talk to any air cooled 911 owner. Replace the seal with the latest seal when you need to replace the clutch, no big deal. Again, my opinion is that this is more of a problem on infrequently used cars than ones that are actually regularly driven.
The intermediate shaft failures are pretty rare and Porsche has been pretty good at taking care of them even out of warranty but can you really expect them to honor an engine replacement on a 8-10 year old car? This is another reason I place no value on very low mileage cars as all the problems that would have normally come out during the first 1-2 years of ownership are lingering for the next unsuspecting buyer.
Look at Porsche's engine history, no engine was without trouble. Magnesium case 2.7s pulled their head studs, 3.0L had collapsed tensioner issues, blown CIS airbox issues, 3.2S had broken head stud issues and valve guide wear issues, 964s had valve guide issues, 993s have SAI and valve guide issues. I don't hear the aircooled guys whining about their engines being junk. These motors were >$30k if you wanted to replace one from Porsche, and rebuilds were not a cheap proposition. Now you can buy a 3.8X51 from Porsche for ~$12k including a core charge. Quite a deal.
The M96 engines are putting out close to 100hp/L, while getting very good mileage and very low emissions, in my opinion these are great motors. Yes their have been some hiccups along the way, but that is nothing new in Porsche engineering history. Again if the cars were driven, most of the issues would have sorted themselves out during the warranty period.
Just my $0.02.
Todd
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Current Cars:
1989 911 Targa
1984 944 Original Owner
1971 911T
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