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Porsche redesigned the IMS in 2006 and while they can still fail, it is a much smaller rate than from 2000-2005. You should not need to worry about IMS in a 2007.
I currently own 2 987Ss and owned a third. They have been very reliable vehicles. Besides routine maintenance, I had the following issues:
2008 Boxster S Limited Edition - bought new, now has 42K mi - water pump failed under warranty, temp sensor failed $50 DIY.
2008 Cayman S Sport - bought 2 yrs ago w 7400 mi, now has 28K - water pump failed, $920
2007 Cayman S - bought with 17k mi, sold w/ 35K mi - no issues.
So all told, I've driven a combined 67K mi and spent under $1K.
YMMV
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GPRPCA Chief Driving Instructor
2008 Boxster S Limited Edition #005
2008 Cayman S Sport - Signal Green
1989 928 S4 5 spd - black
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