The chrome balanced well with your wheels. This also looks good though, since your car is red it looks cleaner.
I love how the fad for a while was absolutely no chrome anywhere and now you see it creeping back into styling, especially on higher end European vehicles. It all depends on the quantity of chrome and the color of the vehicle. While most LS's look better without it, I've chosen to keep mine on the bumpers as I think it would look cheaper if painted. The shape and design is slightly different on 1st gen chrome vs non chrome bumpers and the factory painted is nicer than a chrome converted to paint since it has less seams. 2nd gen or LSE looks nicer without it (but with that touch of chrome around the lower grill).