Transmission Not Go Into Gear problems of the 2004 BMW 330

My car will not shift into gear on my 04 BMW 330ci smg transmission.

I purchased a 330i BMW in December of 2003. The car has less then 1500 miles on it and has developed a huge problem. In the mornings when the engine is cold, the engine will rev when its in drive and not go into gear. It takes quite a few seconds for it to engage into 'd'. The car will also jerk into 1st gear after it finally starts to drive. I have just taken my brand new BMW into the dealership for test on it and unbelievable to my ears. . . . . I got a phone call from them saying the whole engine transmission has to be replaced. . . . "there is some kind of flaw". . . . . After researching on the internet and finding out that the BMW 3 series has many complaints about this same problem. . I feel like I have been ripped off and very upset. This should be a recall by BMW. This was my first BMW. . . And after this experience. . . May be my last. . . If nothing is done in the future to correct this obvious transmission flaw!.