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It would help others if you mentioned phone model and carrier. Did you check the Lexus website to see if you phone was compatible. Most bluetooth issues are usually phone related.
I've had no problems with dropped calls in the few times this situation has happened to me. I'm using an Apple iPhone and AT&T (the only iPhone carrier).
Good point about the model but I'm wondering if others are having the problem and or fixed it.
I have a Razor with T-Mobile network.
Thanks for the web site tip, I did not know they had that info posted.
A known issue with the older V3 models from Cingular/AT&T and T-Mobile. Its a bug in the call waiting feature. Your solution would be to get a newer phone, turn off the call waiting feature, or update the firmware if you can. Supposedly a firmware update fixed the issue.