No way. The new ES350 is even more refined than the ES330. I drove the new 350, and in every way, shape, form it's a better car than the Camry or ES330. It is among the quietest cars you'll ever drive. Lexus claims the new ES350 to be as quiet as the original LS400...and if you've ever been in one of those, you can understand that's quite a bold statement. Even to this day, the 15+ year old LS400 is STILL one of the quietest cars on the road. When in the ES, everything feels "better" than the Camry, which by itself is a great car. I can honestly say, that if I for some reason had to buy a car but keep it for 5 years, the ES350 would be high on my list.
It doesn't do anything spectacular in any one area, it just does alot of things very, very good. It's quick, luxurious, very quiet, handles good,. The interior is amazing. I rather like the daring, distinguished oval in the center stack. With recent interior trends being edgy, I kinda like the organic oval shape. The gauges are so crytal clear, crisp and legible, it's amazing. The keyless remote entry and start was cool. Keep the transmitter in your pocket, and as soon as I touched the door it unlocked. Sit down and touch the brake and starter, and the car starts. It's seemless. I mean, you didn't have to wait for anything..as soon as I touched the handles, the doors were open..instantly.
Anyways...I really like this car. It's not sporty handling, but it's not luxobarge handling either. It closer to the sportier side of luxury. The engine is silky smooth and quiet. You don't think it's sport car quick, but you do go "wow" and think there's plenty enough power to amuse.
Unfortunately, I didn't get to hear the Mark Levinson system. If you get a chance to, try to listen to the Levinson system some day. It's probably the cleanest most perfect sounding OEM stereo. I've heard it in the SC430, and it's amazing. Hands down the best I've ever heard. I'm sure it's just as good as the SC.
So to sum up..the Camry and previous ES are both great car. But neither can hold a candle to the new ES. I just think it's such a tremendous leap forward for the ES, and such a pleasant car to drive. I was really suprised I liked it so much. Great car!!