There are some quirks, but yes.
It does.
However, as a musician and self-proclaimed audio file, I can still hear the difference between Bluetooth, WiFi and Wired, and between high quality audio files and lower quality, even on the Lexicon system.
The CarlinkIt is the best solution for the iPhone, but if I wasn't such an Apple nut, I would just use Android over bluetooth because Android allows for hi-res BT capabilities.
This might also help explain somewhat verbosely and VERY oversimplified (LOL): CD Quality = 44.1khz (or 48khz) with a sample size of 16-bits. Which means, it samples 16-bits of data at a speed (fractions of a second) at a speed of of 44.1khz. In general, the larger the sample, and the faster it's sampled equals better quality sound.
Wired CarPlay allows for CD quality, while wireless CarPlay relies on a lower bitrate and compression - quality is sorta ok for most listening.
But - More data, transferred more quickly = better sound.
The CarlinkIT appears to allow the phone and headhunt to assume a wired connection, hence pure CD quality.
So when I say that the GV70 can handle 96khz/24b it is roughly 3-4x the data rate of a standard CD.
So higher numbers = better quality.
The only way to achieve this on the GV70 currently is via a USB stick, with source material recorded at 192/24 or 96/24.....(kHz/bitrate).
Why is this important?
Because lower numbers mean that information contained in the original recording has been thrown away, and with compression (like MP3, M4A files), you start to notice it - singers sounding very shrill, bass sounding rough, sloppy and/or shallow where a bass guitar might sound tinny.
Bluetooth with Android is far better than Bluetooth on iPhone, because the "codec" (aka coder/decoder) can handle higher data rates and better sound.
But both will always sound better on a wired connection because the theoretical possibilities quoted in various bluetooth codecs is only in a lab, under the best conditions and subject to surrounding interference (thanks to the FCC forcing unlicensed bandwidth for low power transmissions).
WiFI connections, however, have a much broader range of speed, dealing with interference better and without compromising the audio signal (for the most part).
Moral of the story - the higher the bit and sample rates, with the least amount of compression, sound the best and the Lexicon system CAN handle close to, or above, master level recordings. At least, 96khz/24bits.
Source:
Question: What Bitrate Is Cd Quality? - Disc Production Audio Dynamic CD Replication
Lee, I'm not quite sure what you just said, but I get the impression that the CarlinkIt gets your approval.