Thanks for the observation. Naturally, it was the Lexus dealer who suggested that it be replaced. To clarify, it is not defective yet, and therefore is not leaking (as far as can be detected now). But the dealer recommended that it be replaced given the mileage of the vehicle (i.e., 220K miles), since the time that you replace the timing belt would be the ideal time to do so. On the same note, I'm also going to be replacing the water pump more than likely, since it's never been replaced. You've got to think that this will go soon as well. For further clarification, I'm not doing the tear-out myself. It's a mechanic who is also a trustworthy friend. Even though he's a friend, it's still going to cost me something every time he goes in there and starts tearing it apart like lego blocks.
Just as an aside, the original problem that prompted all this was a defective harmonic balancer, presumably damaged from excessive leaking oil over time from other areas.