Thanks guys (only just come back to this thread).
BimmerZealot: yep, that's the thing. I see, so it's just the alarm. Given that it's a tilt sensor, what's the need for the vents? Given that some of you don't have it, I guess it must be the alarm. Like mikedav, I always assumed it would be part of the air con (esp given the vents on it), but also wondered why other cars didn't need such a thing...
enfield: i'd look into getting one if I were you. The first thing I said to myself was "I don't know what it is, but I do quite like it" lol!
AlanL, ah yes, but you're forgetting the possibility that someone else tips your car over while you're not in it: how are you going to know when you come to get back in?! You could feasibly sit there in it for hours with the engine running, wondering why you've not made it to work... :wink:
Thanks again!