Alright.. Got all the old parts sold, and bought a set of cheap TA Technix coilovers for the E39. Went ahead and installed those as soon as I got home. I discovered when I was starting to remove the old suspension, that the "sport suspension" actually was aftermarket lowering springs. But anyway, coilovers in, now time for alignment. Also parts are getting painted very soon, so now it will be one color finally. Might try to get a good deal on full paint for the E34.
"Spiritually, everything should be turbocharged" - Turbo Yoda.
