You DEFINITELY need new pads - the Boxster stops better than almost any car on the road, and most car mags' tests say the same thing.
Changing pads is easy - as easy as any other car, if you know how to do it. A Porsche dealer or independent will charge you an arm and a leg for labor, and full retail for the pads. I can certainly recommend replacing the pads you have now with Pagid OEM (street) pads - a bit more expensive, but better stopping power and wear. We've got them on special now, about 25% less than they normally are, because we bought a bunch and have them in stock while we had the chance to get them cheaper.
http://www.epiqautosport.com/mode/products/prid/153/1120
Only $56.20 for the set of fronts or rears. Be sure to get a new brake pad sensor as the one you have obviously isn't working anymore. It's good practice to get a new sensor whenever you change your pads.
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Todd
2005 Boxster S - Atlas Grey/Black, PASM, Sport Chrono, Bose
2006 Infiniti M35 Sport
2007 Cadillac Escalade (tow vehicle with bling)
'00 Boxster - 2.7l w/FVD ECU tuning, Moton double adjustable suspension, custom stainless headers, lightweight flywheel, dual Magnaflow mufflers, 18" CCR wheels, 911 front brakes in front, Boxster front brakes in rear, full welded cage.
http://www.epiqautosport.com/images/epiqtoddavatar2.jpg
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