zoomn_e30...(I hope you aren't really Mr. Lowen Design...cuz his email is
zoomn_e30@hotmail.com)
At any rate, if you make the switch to 17" rims, you will certainly not want to run anything my higher than a 45 series tire. The stock tire size for most e30s (not the M3 or 325ix) is 195/65R14. 195 is the width of the tire (in millimeters I believe). The 65 is the height of the rubber (from rim to tread) and the 14 is the wheel diameter in inches.
If you move up to 17x7.5 wheels all the way around the car, and you run a 45 series (the second number in the tire size) tire or less, you shouldn't have to worry about rubbing. If there is rubbing, it should be minimal and this problem can easily be solved by rolling your fender lips. Most body shops can do this for fairly cheap because it is one of the most common modifcations to the body when lowering a car and/or changing wheels.
If you match up wheel and tire sizes properly...you car won't necessarily sit any lower. One more thing to consider about tire thickness...
The thinner the tire is (meaning the amount of rubber between the rim and the road), the rougher the ride will be. I would strongly advise against running anything lower than a 40 series tire keeping in mind potholes and other various bumpy things. If you go below that 40 series, you are running the risk of damaging the rim and throwing your money away for wheel repair, or even worse a new wheel. I have several friends running 17s with 45 series tires on their e30s and are doing just fine, even with lowered suspensions.
Sorry for the rant