Driving 2007 ES350 at the freeway limit (70mph), all tires including spare at recommended 30psi. TPMS light starts flashing, then stays steady (supposedly indicating problem is with monitoring system, not tire pressure, according to owner's manual). Reset button has no effect. Haven't yet made it to a dealer for diagnosis, but...
...the warning light happened to first come on AT THE EXACT MOMENT I WAS ALONGSIDE AND JUST NOSED AHEAD OF WHAT APPEARED TO BE AN IDENTICAL (2007?) ES350! Even the color was the same.
ES350 TPMS uses unencrypted radio frequency transmission, does it not? Even though unique (car? wheel?) identifiers are supposedly used, I'm predicting that Lexus firmware has a bug such that competing (dopplered?) RF signals can force a TPMS failure mode!