For some reason, the car looks smaller, but it probably isn't. Maybe it's the size or shape of the lights, especially the rears. Hopefully, it'll look better and sportier in person. Look at the picture pretending not to have any idea about whose car it is (ignore the grill shape especially) and just look at the side. What's your first guess?? My first thought is Saab or Fiat or something.
As I expected, no new coupe/cabrio until fall 06; glad I got my 04 330; should last until spring/summer 07, if I like the new one. I've also heard Lexus may start a "sport" division (a la M, AMG, ...) and may come out with a 4 seat convertible. Considering the quality, it will be tempting. Blasphemy, I know.