SMG Drivelogic is over kill till you look at what BMW where trying to achieve.
Ferrari went with the off-the-shelf system and modified the software to match the car very well, but their only goal was to create a Ferrari quirks or no quirks.
BMW with the M3 are faced with a car which has to cover many sectors from a luxury tourer to a commute car to track, so they needed to create system which had the flexiblity to adapt and the best judge of the moment is the person driving, so they give you 11 modes of operation to adapt the gearbox to suit any road condition or mood.
One thing you got to remember with all these systems is that they are software driven, all it is a computer moving actuators to move the clutch and the gear stick, so I think the SMG-II drivelogic will be dropped soon in favour of the simpler system. more research effort will be put in to the simpler version, with improvements to fuzzy logic and sensor technology we will end up with a system where 3 modes is plenty, an automatic mode which will change gears as smooth as any automatic, and manual mode which will be as smooth as someone driving a normal manual, and a sport mode where more use is made of rev matching so gears can be changed without the clutch being fully depressed and minimising the time the car is off power.
regards,
Tarkan