For the record, I met an older gentleman (probably 60 or so) at the train station this morning who was getting out of a new Sonata. Since we were pretty much walking to the station at the same time, asked him how he liked it. He said this was his replacement for an Audi A8L (!) which someone had rammed, causing $23k in damage, thus totaling it. He said this is just as comfortable and a much better size, handled well, gave great fuel economy (drove to Arizona and back in it and averaged 36mpg), and had all the creature comforts he needed. Part of me thinks it was the more manageable size and the new car thing, but the cost/benefit certainly worked for him. FWIW...
And just as an fyi, i take the train into the city maybe 4-5 times a year, so i'm no regular to that station.
Also, as far as the W8 bridging the price gap with the Phaeton, that's somewhat true, but the Phaeton still cost significantly more (~$20k) than the Equus is expected to cost. And one other note - when I was in business in Korea in March, I rode a stretch Equus to/from the airport. that thing was NICE. Did you know they have live TV in the cars? Sweet.