Ok, I had some time today with windoze7 and managed to get this to work. It involves replacing(gasp) the official LG drivers. Anyways, here's a quick rundown of how I did it. If somebody can confirm that this is working for them, then I'll add it to the first post.
First, setup the drivers. You need WinUSB drivers installed for 3 of the interfaces provided by the phone - numbers 0, 2, and 3. Install the newest version of Zadig.exe (libwdi - Browse /zadig at SourceForge.net). Click options->List all devices. It should populate the dropdown list. To install a driver, you need to select it in the dropdown, then click the big "reinstall driver" button. Do this 3 times; CDC Serial (Interface 0), LG Android USB Device (Interface 2), and LG Android USB Device (Interface 3).
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When you're done, you can verify it was done correctly by looking for these 3 Universal Serial Bus Devices at the bottom of the device manager.
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Download the lgoeExploit program for windoze. Download lgoeExploit.exe from Sendspace.com - send big files the easy way
md5sum - 274ad4fb92ba3a2a8d8d180cebf840c9
Run the program.
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After a successful install of exploit, is the phone suppose to reboot automatically? Mine didn't. I'm wondering if I'm doing something wrong.