Brake pads Brembo or ATE
I literally just did exactly this.. Had the BRAKE warning light on the dash and replace rear brakes on Idrive message on my 2019 X3 M40i at 32k miles.. rear rotors looked fine to me.. they were smooth and not grooved.. so i bought OEM ATE PADS and a BOWA rear brake sensor.. $128 shipped from Pelican parts and i was charged 1 hour of labor ($135) at my local Indy shop.. as others have mentioned youtube is your friend.. just a rear pads replacement is a pretty easy job w basic tools.. I should have done it myself but I decided the $135 cost was not worth my time and effort.
Ric also got Renault to use Brembo brakes when he was racing for them.
Couldn't answer your first two questions, but the last question about Brembo being reliable is a very solid "yes".
Brembo directly supply Mercedes with their brakes.
The camaro SS uses brembo pads which are really good hence the price tag (imo the quote you got is pretty reasonable). If you want a more cost effective alternative, hit up MSW autoparts and ask for Zlatko. They have EBC brake pads which are also really good aftermarket pads.
During this time I also replaced the brake pads with oem ATE one’s (low dust) and oem brake fluid flush.
Regular carbon ceramic brake pads, from Ate and I presume also Brembo, are better than normal pads. Same stopping power but much less heat generation and brake dust.
Brembo make some fantastic road-orientated sintered pads, they improved my Street Twin loads.
It came with Brembo brakes, I have used them for about 75k miles and they are starting to make terrible noise especially when cold. They were making noise since maybe 40k miles but everytime i asked dealers to check the brakes they said they are fine. Even right now they brake perfectly fine but they make awful noise until they heat up.
Get ATE or Textar pads, buying more known pads because they are "performance brakes (which you see at the register)" is basically throwing money away just because "they are expensive so they must be better" and is idiotic imo.
Every GM performance car I’ve had squealed until I dumped the OEM Brembo pads.
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