My last 2 BMWs have had electric power steering.
Initially (on a 2008 1 series), I wasn't sure. It felt weird/wrong, and took some getting used to.
Now (2013 3 series) it really is indistinquishable from hydraulic PAS, in my opinion.
Advantages / disadvantages ? Little difference in what can go wrong (pump in old, electric motor in new), no fluid changes (so saves money on maintenance), the motor only runs when needed, as opposed to the pump running continuously (so should be less likely to fail).
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