Both the LS and ES will get mid model-cycle refreshes for the 2010 model year. I've seen some artist renderings but they'll probably include new headlights, bumpers, & grilles, new rear light treatments, some interior trim probably, wheels, & colors.
The cycles are pretty reliable. New model, 3 years until a refresh (sometimes with an engine upgrade), 2 more years, and then a new model. So expect to see an all new ES in 2012, the LS is generally a year longer so it may be 2013.
ES:
1992 (all new)
1993 (same)
1994 (same+engine upgrade)
1995 (mid cycle refresh)
1996 (same)
1997 (all new)
1998 (same)
1999 (same)
2000 (mid cycle refresh)
2001 (same)
2002 (all new)
2003 (same)
2004 (same+engine upgrade)
2005 (mid cycle refresh)
2006 (same)
2007 (all new)
2008 (same)
2009 (same)
2010 (should be mid cycle refresh)
LS:
1990 (all new)
1991 (same)
1992 (same)
1993 (mid cycle refresh)
1994 (same)
1995 (all new)
1996 (same)
1997 (same)
1998 (mid cycle refresh)
1999 (same)
2000 (same)
2001 (all new)
2002 (same)
2003 (same)
2004 (mid cycle refresh)
2005 (same)
2006 (same)
2007 (all new)
2008 (same)
2009 (same)
2010 (should be mid cycle refresh)
See the pattern? there is a little aberration in the LS in that the '93 refresh didn't hold for 2 years like it did later on, but the pattern works.
Here is a link to the rendering of the 2010 ES:
http://lexusenthusiast.com/2009/01/04/2010-lexus-es-350/Looks feasible, the new styling cues are there