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My 2001S has 65K and no issues - and it's been driven quite briskly in the 20K miles I have owned it. As for the IMS failure rate, I think people are getting too wrapped up in worry. I personally know about a twenty people with Boxsters/911s (with the M96 engines) and none of them have had a problem or actually know anyone who has - first-hand knowledge at least. I think some people just need to have something to fret about at any given time (IMS failures, global warming, bird flu, radon, Manbearpig, etc.).
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