How I feel has a lot to do with when I shift when I feel like I'm in a hurry I will go up 3500 in first and up to 4500 in 2nd-4th. Normal driving up to 3000 in firs and between 3-4 2nd-4th. The Bmw has torque but it seems like a gutless wonder when you steep on it while in gear.
In awnser to your question
I think high revs would cause damage over time espically if done on a cold engine I have seen people rev the car to redline aster starting it up only to blow an engine. (honda owner at school)
my 2 cents