As promised; here's my detailed instructions on how I installed my Parrot 3200LS into my LS430.
There is also a beginning section answering all the random phone questions and detailling what I could find out about the whole Lexus phone setup.
The installation has the following features:
Voice activated dialing (through carkit voice tags)
Address book sync with my Blackberry 8700 on startup
Sound through the left rear door speaker just like god (and Lexus) intended
Microphone hidden