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<02> M42 (318is engine)

Has anyone ever put an M42 (16V 1.8L 318is) engine in a 2002?  As I
consider powerplant selection for my '02, this one comes to mind.

I'd really like an E30-M3 engine, but they are priced to high.  How much
does an M42 typically bring?  Am I better off just building an '02 engine
with a CAM & dual webbers, or maybe injection?

Thanks,
Jay
'89 325i
'74 2002 (project -- in need of engine)