I looked up a little more on the renovations, they just spent over $700 million on TBIT in the renovations scheduled 2007-2010 (which seem almost done these days). And supposedly there is $11 billion overall slated through 2015 for airport upgrades (but most of that would be outside the terminals, I'd assume).

Anyway, glad to see they are working on LAX, it'd be nice to have it back to some of its former glory.