I drive a basemodel 328i. holding the button for about 4sec puts the car into sport mode+dsc off I think, which displays "DSC OFF." Holding it down more than about 10sec puts it back to comfort mode.
With the DSC OFF mode on, I spun out once at like 70mph (in which i got extremely lucky to not hit anything). While my car jerked right and left then spun 180degree, I didn't feel any stability control kicking in.
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