My Experience: The Akebono pads on my E39's offer a lot less dust with some loss of brake effectiveness when compared to OEM pads, not significant, but noticeable. The Zimmerman rotors are a good brand and work as advertised. The minimum thickness is stamped on the rotor, so anyone turning them can reference this or an online database.
When the time comes, I will do the same as you plan.
It is my understanding that BMW recommends that the slides not be lubricated. This is from
Sreten. Someone with a maintenance manual can verify, however online search references this as well.
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