Okay so to help out you guys with 06-07 LX470, i can confirm the $17 key on ebay works to unlock/lock doors and also disable the immobilizer once programmed.
This is the ebay auction i bought from
Find many great new & used options and get the best deals for Upgraded Remote Key fob 314MHZ 4D68 Chip for Toyota FJ Cruiser FCCID: HYQ12BBT at the best online prices at eBay! Free shipping for many products!
www.ebay.com
This is the unit i received, it looks a lot better than the OEM key, it has a luxury Audi/Benz feel to it
The blade itself flips out and does not move around, yet, it's solid and i was able to program it myself to disable the immobilizer. Got it cut at Ace Hardware for $25.
Here's what i did to program the immobilizer
Get in the truck and close all doors
Insert your CURRENT MASTER key into ignition but do not turn, just stick it in for a second then pull it out, repeat this 4x
Then insert the CURRENT MASTER key into ignition and leave it there
Next open and close the driver's door 6 times, you need to open it enough to hear the little chime ding ding
After that remove the master key, you should see your security light to the right stay solid red. That means it's ready to accept a new key.
insert your eBay key that you just had cut and just leave it there. The solid red light will now start to blink to program the chip in the new key. After 40-50 seconds the light will stop blinking and then you can remove the key and re insert to start the vehicle. If the blinking light doesn't go away, then you got a busted chip or wrong key.