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Style of course is subjective, but I can understand Wald's mentality when designing. They wanted somewhat of a sleeper look with the front being virtually completely blacked out. The average person wouldn't know what the car was, especially when seen at night. The rims indicate the car's sporty intentions and the brakes indicate it means business, but otherwise it's a low-key look.
It seems like in one picture it has the fender grill, and in another it doesn't. I love the look without the fender vents. Also agree that the blacked out front grill and emblems take away from the luxury.. Other than that.. looks amazing. And OUCH on those wheels! I agree with others who said that the LS pulls off sporty pretty well. I'd go with a more dish style wheel though.