Every year since 2008, Apple has released new flagship iPhones in a predictable cadence: on even years we get a new external design; on odd years we get a refinement of the previous year's design with upgraded insides and new hardware features.
The iPhone 5 design is still sturdy and attractive; and "space gray" should hold up better to scuffs than last year's black model; Excellent performance; Good camera with improved low-light performance; though in low light especially some Lumia phones can best it; Lovely screen; even if some others...
The fingerprint sensor is imperfect as a standalone authentication tool; and Apple doesn't (yet?) support two-factor authentication; Dual-band 802.11n and 100Mbps LTE aren't bad at all in the here-and-now; but they might be feeling a little dated by the time your two-year contract is up; Developers...