First off Mookie, welcome to the forum and sick PW M3. I wouldn't see the Nismo as an upgrade over the M3 since both are excellent cars. With the M3, you have the edge in terms of power. The Nismo will most def be cheaper to maintain and to mod than the BMW. It also does well in the looks and value department. You certainly don't see as many nismos as you do M3 though the former is almost half the price of the latter. I have most of what you listed in planning mods, see journal thread for what it'll look/sound like. Johnnydrama had the FI LTH, Toxik had the Brembo brakes, Kirkster has the GTM S/C. Check out their thread for reviews of those mods. Once again cool M3, sucks you have to move past it.
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