Performed this within a month of owning. Great Idea!
Couple of tips for 1ers.
-Getting the cable routed through the back of the armrest is possible. If you remove the back and loosen the 3 mounting bolts, you can route the wire through the back and then under the center console between the seats.
-The place the phone goes in is tight and there is not much space for fat fingers to grab the phone and get it back up. Put a riser underneath ~3/16"thick and the problem is solved. My riser stopped short of the front so I could get my finer under the edge a bit. But through constant use now, I find it not necessary. It'll look better if you just raise the entire deck.
Riser is a thin sheet of wood covered in adhesive backed felt. Put in place with hot glue gun.