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Lexus took the wraps off its new hybrid flagship for the North American audience today, showing the new LS600h and its new, long-wheelbase LS 460 L, which will get a new 4.6-liter V8 (380 hp / 370 lb.-ft) and eight-speed tranny. Lexus says the eight-banger will get in the neighborhood of 20 mpg. It'll also get Maybach-like features like reclining rear seating with fold-out tables, four-zone AC, rear-seat DVD, 19-speaker Marc Levinson stereo and parallel-park assist. What a bargain.