Instead of having main caps and an oil pan, the entire bottom half of the block is another piece. The new Honda K-series engines are this way as well, and it's a very strong design. Kind of like a main girdle on crack.
Nope, it's not a bedded crankshaft arrangement; it's the usual underslung crank setup. I'm looking at a tech drawing of it now, and it's showing the 6 bolt main caps setup like the 1UZ.
I worked with industrial engines having bedded cranks 20 years ago. Very solid way to support a long inline six or eight cylinder crankshaft.