I've had this code a couple of times on a 2006 Lexus IS250. It's got 150k, so it's well used, but is running fine.
I've done some crude diagnostics with scan software and the O2 sensors all appear to be switching. I can't see or hear any kind of exhaust leak.
However, I did notice one thing a bit odd with the scan software trace when I manually ran the ECU in open loop and tweaked the fuel trims manually.
In this case, it appears that B1S2 stays lean a lot of the time, and is very slow to switch to rich, but very fast to switch back to lean.
I'm thinking maybe this is not a cat problem but instead a B1S2 problem, or a very minor exhaust leak.
I don't want to go changing cats unless essential, because lexus' quoted price is preposterous, and an aftermarket cat would likely require a full custom exhaust system (still cheaper than 1 lexus maniverter). Unfortunately, the two shops I took it too, both recommended 4 new O2 sensors first, and if that doesn't fix it a new cat.
What do the experts here think?
I've done some crude diagnostics with scan software and the O2 sensors all appear to be switching. I can't see or hear any kind of exhaust leak.
However, I did notice one thing a bit odd with the scan software trace when I manually ran the ECU in open loop and tweaked the fuel trims manually.

In this case, it appears that B1S2 stays lean a lot of the time, and is very slow to switch to rich, but very fast to switch back to lean.
I'm thinking maybe this is not a cat problem but instead a B1S2 problem, or a very minor exhaust leak.
I don't want to go changing cats unless essential, because lexus' quoted price is preposterous, and an aftermarket cat would likely require a full custom exhaust system (still cheaper than 1 lexus maniverter). Unfortunately, the two shops I took it too, both recommended 4 new O2 sensors first, and if that doesn't fix it a new cat.
What do the experts here think?