The Michelins were on my previous e34 540i, which had 16" rims with 60series tires. I traded that one in for the e39 540i which I currently drive. I have staggered wheels, 235-45-17 front and 255-40-17 rear. They came with Toyo Proxes, those were the noisiest tires I've ever had! I couldn't wait to replace them but they were still like 70% tread left. Then one fine day, I had a screw in the rear right tire, damn thing didn't even give me any warning, and I busted it, shredded in 2 pieces! So, the excuse to get new set of 4. The manager at the Discount Tire shop has a M3 and he strongly recommended the AVS coz' he has them on his M3, and it was also cheaper than the other choices (Michelin, Pirelli, Dunlop, Goodyear).
So far, the AVS really grips to the road! I have tried taking 90 degree corners from 40 to 50mph and they wouldn't screech! I was prepared for some skid, but it held on tight. However, I have read reviews that the AVS are excellent on dry roads but not as well on wet. I have not tried it on wet roads, having read the reviews, I am having 2nd thoughts to try pushing it on wet unless I get some really open space.
I plan to ask my mechanic if I could align the rear wheels to compensate for even wear, I would think it will in a way affect the rear stability and handling. I used to drive an Alfasud many years back and Alfas were known for their wheels aligned that way, 4 wheels! (Is that positive or negative camber?) But it was very stable in hard cornerings.