As Dan mentions, I wouldn't lose any sleep over the current BMW brake system. It's been spelled out here fairly well though...
QUOTE
I'm going to use this car for some autocrossing as well as street.
Let's work off this.
A well working 914 brake system will "never" fail at that/those tasks. It's well designed for those tasks as is any brake system from Porsche. In fact, an informal poll here found no brake fade ever (on narrow bodied cars) with the exception of serious road racing. Even then, some professional 914 drivers state an over-dependency on the brakes caused those issues. I'm one to side with some of the road racers that have the vented rotors up front. It's a nice upgrade for those punishing environments.
If you think Porsche makes great engines, their brakes are even more famous. The BMW brake caliper itself is fine too, it's basically a precursor to the 911 A-Caliper (48mm piston, widows peak fluid inlet etc.) it's just a bit too much for that solid rotor as explained by BJ. Dan is running
basically the same caliper (48mm piston and same pad area) but he has:
* Vented 911 rotors
* 43mm pistoned calipers in the back
* No handbrake (it's a racecar)
* Different pads front and rear
If I were you I would simply go back to a working 914 brake "system" (term as defined by the system the vehicle engineers designed for the car) and get some great pads.
If I were you and I decided to keep the current mix of calipers on the car I would cryogenically treat the rotors or buy some that are cryogenically treated. I would then get a AJ vent kit to cool the entire thing. Those are the ones with the scoops that zip tie to the A-Arm and direct forced air into the rotor eye. Top it off with some good pads and then go readjust the proportioning valve so the rears come on in a progressive manner. The factory valve is epoxied (sic) in place but it's fairly brittle by now. You should be able to chip the epoxy away and free up the shaft and lock nut. With a video camera or a friend you can trust, you should be able to reset the valve for optimum performance.
Cool Brake Kit