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The IMS retrofit SHOULD BE a $1-1500k investment (the other costs should include a new clutch and flywheel, which is a worthwhile repair or replacement on a well used Porsche). It's not a $3k throw-away.
I don't personally believe in doing it on cars like mine (worth $11-14k, 12 years old, etc.)- I might if I needed to get my clutch & flywheel replaced. Some portion of the cars, lets say 3-10%, have this failure. The failure is catastrophic and, besides the water pump, about the only way the car is going to fail after it gets to 50k mles.
If I were shopping for a 97-2004 Boxster (S or not), I would attach a $750-1000 premium to a car that had had it's IMS bearing replaced. Maybe $1500 if the clutch and flywheel were done at the same time and it was relatively recent (i.e. within 3 years/20,000 miles).
That's my own opinion. I don't believe in getting it done for my own car, but a car that had had it done would be a nice thing to have.
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99 Boxster 5spd - 64k miles
06 Civic SI - 114k miles, D.D., unbelievably reliable and fun to beat on everyday.
08 Legacy GT 5spd - 74k miles.
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