So, having gone digging into the forums before posting, it appears...
1. Listen for rattling - timing chain may need replacement past 100k miles (this one is at 108k miles)
2. Oil consumption is hit and miss - some have major oil-aholic issues, others none.
3. Otherwise, the 4.2L is a very solid engine when taken care of.
4. Major maintenance at the 30k's are spendy, but otherwise cost of ownership isn't too bad.
Is that a fair overview of these S4's, am I missing anything - positive or negative - and any additional input?
Will be doing a PPI at Audi, it's a used '05 convertible, manual S4 with 108k miles at a used car dealership with doesn't have too many reviews online, but what is online is pretty positive.
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