Yes, I have a TT01E and it drifts great. It's good to start off with out of the box, after locking the rear diff. There's loads of hop ups and options for it and you can CS it with some tinkering.

You may aswell get the drift one because you'd most likely be buying the hop ups it comes with if you got a non-drift one. The BMW one costs a few quid more because those shells are not so common. I bought mine as a kit and it was a lot cheaper.

You can find other cars at a similar price and I'd wholeheartedly recommend spending some more cash on a TA05 or TB03 if you plan to be RC drifting for a while, but if you don't want to pay the extra the TT is a great beginner chassis. If you don't mind waiting for postage you could get it a lot cheaper from HK or China. Returns or support would then be a lot more messing about though.

eBay link

I reckon £200 is a lot for a TT01 though. Probably spent £150 for mine inc. batteries, charger, radio etc. I already had a shell though and that M3 is pretty awesome!!