Ok I understand how everyone has their own opinions about this, which is great as a few things have been mentioned which I haven't even considered...especially the insurance complications.
On another note, I did spend around 6 - 7 months searching good and hard for a E280 and finally came across one in the colour I wanted, the exact cream leather interior with the walnut burr wood combo, A/C and climate control with a sunroof too and finally a 5-speed box. It was a bonus that this car was totally mint in terms of being rust free and with only 74,000 on the clock this time last year with a purr'ing engine.
So within this time I have thoroughly enjoyed driving the car and its always a big pleasure the moment I get behind the steering wheel. I've driven a W202, W210 and a few others and believe me it will never give me the satisfaction of what the W124 gives. As you get used to the car, you also get used to the power and what the engine is capable of as well, so a time comes where you do wish you had more power available.
The major thing what Matt mentioned was, I know my car inside out. I know what needs to be done on it and whats working perfectly fine. Yes its true I did post a comment on another thread to another member that its better buying another car rather than spending money doing things to it. Yes I feel stupid about it now and wish I hadn't because come to think of it now, I know how much I love my car, its of a sentimental value and I couldn't even begin to tell you how much I am obsessed over it. Yes call me mad or crazy, but hey, isnt thats what being called an "enthusiast" is all about? otherwise what are we all doing here? Plus, im sure theres a section in the latest mercedes enthusiast featuring a 190E 2.6 chassis car with a Blue-Tech or Efficiency diesel engine conversion in there producing more bhp and torque than a 190E 2.5-16 EVO II (245bhp), so obviously someones gone to great lenghts and time to marry old school with new technology and has clearly worked. I guess it was done purely for the love of pre-95 cars.
I know I wont find another rust free W124 with the same spec/options as what I have right now in a long long time. Im not saying its perfect as there are some things which need attention, but she brings a smile to my face in her own way. She talks to me when something is wrong and gives me a sign but won't die on me on the road. She will just keep on going with that same problem because she knows I will sort it out asap. She looks after me on the road and I look after her, simples.
Yes I do crave the V8 sound and can imagine how it would be in my car. Theres nothing better than just cruising and listening to that V8 rumble away, especially when you pull up to the lights. Maybe it won't be a C43 engine, or a M119 or a E55 engine, could even be a Chevy 350 V8 or a Corvette LS1...who knows. All I know is right now, im just researching to see what options are available.
As for what I want right now, a quicker W124 with more than just the 197bhp as compared to todays standards isn't much.