Correct. i have it connected to my aux input on my grom usb in my X5.
i had to get a rental this weekend , They gave me a nissan rouge at the rental car place .. it had no bluetooth. Just a head phone jack for aux input. I connected my headphone cable between the nissans aux input and the ilive. clicked on aux on the nissans radio and I was then able to stream pandora for my long drive through the nissans stereo. worked like a charm.

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E53 06 3.0i

wishlist
Comfort Seats
speckdock 2.5

Mods
Air suspension - wip
skid plate replica - in box
OEM sunroof deflector
OEM bluetooth streaming
navi,dsp,tv retrofit - wip
Low prof roof racks
2 directtv satelite tuners
Grom audio usb2
quarter and back window sunshades
2 10"subs- boxes opposite sides/Alp MRP-M850
rear heated seats retrofit
rear footwell lights retrofit
remote window roll up