How might I improve preformance on my BMW Sport 330i?

I own a 2001 BMW 330i sport package and would like to know what types of things I could do to enhance the preformance. Dropping something like a supercharger and v8 would be nice however im looking for simple things such as better air intake, air filters, oil, tires, ect to make little cost effective improvements here and there.

Answers:
I am assuming you want simple solutions that do not take too much money or time. So, the first would be to add aftermarket air from k&N that will give yu about a 2-5 HP boost, the second would be to widen up the exhaust system. And I am not talking about putting chrome tips on! A good system should run you about 500-1000 and reall open things up about a 7-10 hp gain and still be legal. Third. swap out your headders for some high performance ones. Finally, get a perfomance chip for your computer and have it dialed in by a pro to match your new air and exhaust.
NOS
Try a "Froger NOS system". that should give you a extra 80 HP.and a 0 to 60 in 3.5 sec..!! ,,, so fit M3 brake discs and pads.cos things go wild when you "Push the red button " :)
sell it and buy an alpina b3
NOS, this can give you an extra 500HP if applied properly for less than £800. If I were you though stick to about a 200HP boost or you risk blowing your engine to kingdom come!

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