I have the Nav with the Bluetooth. One of the benefits of the factory navigation that I don't think has been mentioned here is the rear view camera, which I think is a valuable safety feature. I have kids who tend to play or leave toys/bikes right behind our cars in the blind spot.
About the Bluetooth, the sound quality is very good (as good as you'll get from a cell phone.) No matter the audio source (CD, XM, or Aux in), the car will cut the volume to alert you to incoming calls. When I first used my phone with the car, I had a problem with feedback from the speaker to the microphone. So I turned down the volume for phone calls through the speaker and I no longer have any feedback issues.