I've got no direct experience on the M5 with all season tires....
But what I can say is you will not be happy with summer performance, and you likely will also not be happy with winter performance if you have to deal with snow/ice on a regular basis.
In the summer your traction will be garbage. You've got a 600hp car, with traction already limited on a summer high performance tire. You'll be spinning all day when on the throttle.
In the winter, you might be fine in most situations but with snowfall/ice there's a pretty significant difference between All Season and Snow/Ice tires. With RWD you might struggle on snowfall days.
Best to get two sets of tires.
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Currently: '15 M5 (dct) BM3 STG1 11.3@128 Spinning /// '11 X3 35i 13.9@99/// '02 Transam 12.7@112
Previously: '15 M3 (dct) BM3 11.58@126 /// '13 Cadillac CTS-V 11.9@115 /// '12 128i /// '08 Benz c300 6spd
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