At the end of the day, the iPhone 5 is exactly what you would expect from Apple. It's just enough to keep existing iPhone users happy for another year and to bring in new users who are either brand new to smartphones or dissatisfied with their existing phone.
Gorgeous, high contrast display; LTE connectivity; high quality design and feel; fantastic camera; reasonable price for lower capacity models; great ecosystem
Largest model is $399 with a contract; back plate and antenna are very susceptible to scratches and chipping; Maps app is under scrutiny; only taller, the display still may seem small for some individuals