I have both right now. I mostly DD my Cayman S, but I borrow my wife's M3 a day or two a week. Both are great cars. Obviously the M3 has more room, but you can get a surprising amount of stuff in the Cayman's trunks.
The Cayman is more fun to drive, but the engine in the M3 is awesome in itself. The tech is better in the BMW.
I have a DCT in both, but I hear the MT in the Cayman>M3.
Nothing I've driven before handles like a Porsche. I've only been to a track once in my life, in my Cayman last year, was a blast!
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