iPhone 5 has finally been announced!

So what do you guys think of the new iPhone 5 that was announced today??

Comparison taken from engadget.com

	iPhone 5	iPhone 4S
Price (on contract)	$199 16GB, $299 32GB, $399 64GB	$199 16GB, $299 32GB, $399 64GB
Processor	Apple A6	Dual-core Apple A5
Memory	1GB (tbc)	1GB (tbc)
Display	4-inch IPS 1,136 x 640	3.5-inch IPS 960 x 640
Pixel Density	326 ppi	326 ppi
Storage	16GB / 32GB / 64GB	16GB / 32GB / 64GB
Primary camera	8 megapixel AF with flash and f/2.4 aperture	8 megapixel AF with flash and f/2.4 aperture
Secondary camera	1.2 megapixel at 30fps	VGA at 30fps
Video recording	1080p at 30fps	1080p at 30fps
Cellular/	GSM Model A1428: GSM / LTE CDMA Model A1429: CDMA / LTE GSM Model A1429: GSM / LTE	Hybrid GSM / CDMA "World Phone"
WiFi	Dual-band 802.11 a/b/g/n	802.11 b/g/n
Bluetooth	4.0	4.0
Orientation	Accelerometer, digital compass, gyroscope	Accelerometer, digital compass, gyroscope
Navigation	A-GPS, GLONASS	A-GPS, GLONASS
FaceTime	WiFi and Cellular	WiFi-only (iOS 5)
SIM standard	nanoSIM	microSIM
Battery life	Up to 8 hours talk time on 3G Up to 8 hours data on 3G Up to 8 hours data on LTE Up to 10 hours data on WiFi Up to 40 hours audio Up to 10 hours video Up to 225 hours on standby	Up to 8 hours talk time on 3G Up to 14 hours talk time on 2G Up to 6 hours data on 3G Up to 9 hours data on WiFi Up to 40 hours audio Up to 10 hours video Up to 200 hours on standby
Weight	112 grams / 3.9 oz	140 grams / 4.9 oz
Dimensions	123.8 x 58.6 x 7.6mm	115.2 x 58.6 x 9.3mm
Colors	Black and Slate / White and Silver	Black / White
Here's a comparison of the iPhone 5 vs. the iPhone 4s.  I really enjoyed the presentation today from Apple.  I think I'm definitely going to have to get the iPhone 5 because first, it's been reinvented again and second, my iPhone 4 is out of date and starting to slow down.  It seems to be a tradition that every year, they give the new phone a faster processor.  This years processor is called the A6.  I liked that the screen is a bit bigger and that the phone is lighter and thinner than before.  They really needed to do something about the weight, as the iPhone 4/s was quite on the heavy side.  I'm really excited that the front facing camera is finally 720p HD.  No more guessing where you are in the frame with the normal 8megapixel back facing camera!  I'd been waiting for this feature ever since I got my 4 two years ago.  Facetime on 3g/4g LTE will be awesome.  No more having to be at home, on wifi, if you want to Facetime with friends and family!  I think one of the only crappy things is that the new phone requires a nanoSIM card, instead of the old microSIM card.  That means that I'm going to have to go to an ATT store and have them setup my phone, rather than myself setting it up at home.  I like instant gratification, and I want to use the phone now!  Haha. I guess will have to stop by an ATT store that day and get it fixed up and ready to go instead of at my house!  What do you guys think of the phone?  Going to get it?  Or stay with your old phone?