Nope. AWD. And I LOVE it. Wow. The chassis is AMAZING, which has me dying to try a RWD version. The previous IS was a pretty sweet car, but the new one is superb. I only had about 30min behind the wheel, but managed to get to a couple nice road spots, and this car is terrific.
As for the interior, really, is anyone griping about it? It's very nice, and for under $50K with AWD and over 300hp, I think this car is a great value.
As for interior room, the car feels nice to me. The rear seat room is much improved, though I didn't think the previous car was poor. The front seat room is dominated by dash, console, etc, like all cars in this segment, but the dash didn't feel high and the outward visibility was good.
Anyone that drive an old ES300 FWD and wrote Lexus off as for non-enthusiasts only needs to come back and drive the new IS.
Fit and finish? Holy crap. The paint is 10km deep and the shut lines are perfect and the interior fit is perfect and even over Edmonton washboard the car felt carved from a single block of granite.
I see why they bought it. They looked at a whack of cars, and "the Lexus was the obvious choice." It's their first Lexus, and maybe not their last of they keep making stuff like this car.