I, personally, do not recommend an oiled filter...as Sansho said...too many stories of them causing issues...letting larger particles into engine. Short term, if done right, you might not notice too much...but long term...not liking the possibilities!
Upcoming NYC dates: Jan 8 and 27. See Facebook for other shows and PM me if you can make one...love to see you there!
Mangofy your E46!