i'm on my second LS and consider it one of the best all-around cars i've owned which include BMW's and do not hesitate recommending it to others. i've had only minor defects on the two i've owned both not requiring special trips into dealership. highly recommend both as new or buying as used.
great handling, power, finish, looks, lack of defects, and fun to drive car. like its size and good versitility with drop down back seats and large trunk.
biggest complaint on first LS was lack of storage space but this was improved in 03 model i purchased.