I would agree that if you use the correct spec BMW oil (or a higher HTHS BMW approved oil) and use the factory change intervals, you are unlikely to have issues. Being on BMW forums for 23 years, all the cases of sludged engines or other oil related issues were all from using the incorrect, unapproved oil, or the oil change intervals were unknown or super long...like 20k+.
Since new, my 2001 E39 540 with M62TU engine has had only LL-01 or LL-04 oil, and changed at half the factory interval of 15,000 miles...so every 7,500 miles. Works for me, but I know plenty of owners that changed at 15k and never had an issue during their ownership...but they all got rid of their car by 150k miles or so. I'm now at 385,000 miles with the original engine (did timing change guides at 263,600 miles). Maybe I could have got here with factory change intervals? I change my own oil and it is cheap with BMW approved oils at WalMart and oil filters inexpensive online (Hengst, Mahle or Mann), so I don't mind doing it early.