With the new pricing and included options on the 2011 750i, the Alpina B7 is still a great bargain, but it's not quite as good as it first appeared to be.
A comparably equipped 2011 750i without an M Sport Package or Individual Composition Package would have an MSRP of only $91,975 including destination and handling.
The standard B7 SWB has an MSRP of $122,875 including destination and handling so the premium over the 750i is $30,900.
You obviously still get a tremendous amount of additional car with the B7 for your $30,900, but it's clearly not as good a deal as I first thought.