When I got my bike 8 weeks ago and started riding it the pads were REALLY noisy, I did a fluid change, checked the pads (loads of wear left), roughed them up, did a good clean, and did the copper grease on the back of the pads trick mentioned by Julio ( this last one always worked for me on previous bikes, but none screeched as bad as the R65)
I think they might have been quiet for like about 5 miles, but then the screeching came back, My next plan was to replace the pads, however more pressing things needed attention first, and gradually as I have ridden the bike more, they have become somewhat quieter , so its now more like usual noisy brakes and not the ear piercing screeching that I originally had.
Monte noticed my skinflint ways with tyres
http://www.bmwr65.org/cgi-bin/yabb2/YaBB.pl?num=1310295904,

, so no I'm thinking I will stick with these pads for another while, they stop fine at least and have plenty of wear to go.