The part that u stated about the bass is one of my misgivings. How did you find the highs compared to the 7520.... another area of concern for me. I would like smoother cleaner and more extended highs.
I don't think I can give the best appraisal of the PM3, as it was at a meet. I'm still evaluating the 7520 too, and will eventually get around to doing an in-depth analysis like I did for the LCD2 (as seen in my sig). One test I will do is to do a bandwidth isolation tests, where I will evaluate how much information I can actually hear in certain frequency ranges. I'd compare the 7520 to the LCD2, which so far has the best detail of the headphones I have owned (surpassing the HD650). The LCD2 even outperformed the HD650 I had. The weak link in all of this though is my own perceptions.
My brief impression of the PM3 was that it was capable technically, meaning it brings to the table the type of transient detail planar magnetics are capable of including the high-range. It did not strike me as me as being as bass forward as the 7520 and its frequency charts back that up. It goes deep, with a slight overall boost to the lower range.
I think it may be hard to find a competitor or successor in the bass range that presents in a similar fashion. The basshead cans tend to also boost the sub-bass instead of rolling it off like the 7520 (which seems more natural). Many reference and higher-tier cans have a more linear bass extension.
Another thing, is that the pad depth is much different many higher-tier. Intentionally so, for comfort but also for soundstage reasons. With the MDR-7520, the drivers are very close to the ear, lending to a completely different sound.
You may want to keep an ear out for Sennheiser's new HD630VB.
On a cheaper level, you may want to check out the Denon AH-D600. If you can get one used for around $150, take the chance. Way more comfortable than the 7520, larger soundstage, bass is very good though looser and more sub-bass but linear on the low-end. More high-end emphasis. Comes with two cables, one for mobile, and the other a high-quality 10ft one to connect to your home entertainment system. Doesn't require an amp. Actually I miss this headphone and it's a steal for the used price. If this appeals to you then you may consider upgrading to AH-D5000 or D7000, TH600 or TH900. Head-fi member Oregonian has a lot of experience with these headphones and might have some feedback.