Before I ever went out on the track, I put in ATE Gold as well. Seemed to help a lot -- didn't notice a whole lot of brake fade. Then again, I am a very novice driver and probably don't push the brakes nearly as hard as some of these guys do.
That being said, the stock pads aren't THAT bad. They hold up okay. Also, options are limited at this point for aftermarket pads for the M235i -- your only real choice is race dedicated, or stock at the moment. I'd probably spring for some EBC Yellowstuff when it becomes available.
Braided brake lines are good too, but again, see what you need. You might be fine with the stock lines and some high temp brake fluid.
Also, great picture.
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