Terrible idea. Just a horrible idea. Be practical above all else.
It's easy to egg other people on into cars like this, but if it was a choice between not improving my standard of living and driving a 430, and getting a better apartment and buying a cheaper fast car, it would be the latter in a second.
Also, the incidentals for this car are really high. That oil I showed off in the pics is more than $500 for a case. To get a car serviced by ferrari of X, it costs thousands of dollars. And if you prang it, your repair bill will be more expensive than a BMW. Put simply, unless you take care of it as carefully as you would handle a soap-covered platinum grenade, you're probably better off getting something less expensive to live with. And even then it's a risky prospect.