I have had both a 2001 and a 2003 Landcruiser. I upgraded to the Lexus after a lot of research and thought. Boy... I'm glad I did. The difference in price between the LC and Lexus is well worth it; the interior finish is better and the ride absolutely superb. With the new engine, there is also a marked improvement in power and smoothness when shifing and passing other vehicles. I also LOVE the Bluetooth phone integration and pre-installed XM Radio.
Smoothness of ride, extremely quiet interior, pre-installed Bluetooth and XM.
Better gas mileage perhaps.... but as a two time Toyota Landcruiser owner, I'm used to it.