There was an issue related to the "S" engine for the 2nd generation MINI having to do with the length of the timing chain as well as a redesign of the chain tensioner. Commonly called the "Cold Start" or "Death Rattle".
Here is a report from M/F....
http://www.motoringfile.com/2010/01/15/mini-solves-the-cold-start-problem-again/
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Metalman Well-Known MemberLifetime Supporter
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If it has been replaced then that is a good thing. The new one should complete the 200K for you. It is not necissarily that the chain got longer, but the tensioner system had a faulty part. If left to long it could damage the slides, and other components. They usually just replace it all while they are in there.
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Still a problem
I have an 07 MCS. The timing chain tensioner totally failed at 20,000 miles. Not too long after it would do it's death rattle intermittently. I complained about it for 3 years at each service and even brought it in just for the death rattle. I left it once for several days. The dealer could never 'replicate' the noise. That is until just a couple weeks ago when they did hear it after it is conveniently out of warranty. Mini is covering some of the repair. I have less than 70,000 miles on the car now. Therefore the first one lasted 20,000 and the second made it almost 50,000. So even two tensioner/chains won't make it to 200,000! Mini won't admit this is a problem and as far as I can tell it not fixed on 2012s either. This is NOT a car that should be owned out of warranty. I failed tensioner/chain can and has taken out engines on these cars. The tensioner/chain replacement costs $1,550 and a new engine costs $8,000. There are lots of reports on various forums where owners have had multiple tensioner/chain replacements. This is a crime.