I came from a 3 Porsche household and now own an M3 convertible as well as the 2010X5M.
I opted for the BMW over the Porsche because of the cabin space, proper paddle shifters and more trunk space. BMW also looks much more aggressive-you can spot the M version easily, but try identifying the turbo Cayenne over a base model and it becomes more difficult. The M is also a bargain compared to the Porsche-you'll be hard pressed to price out the M at over 105k, but the similar Cayenne turbo I priced out was about 45k more. I did prefer the rear seats of the Porsche, but thats not where I spend my time so it is a minor issue.
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'10 Space Gray, Cinn Int.
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