No it's not, not at all. Which apps on the iphone seem slow or sluggish to you that you think might act faster on a 64 bit processor. Which apps do you think you would have a better experience with if they ran "faster" or had improved "performance"? My impression that it won't make a difference is specifically tied to the user experience, how fast programs open, how much lag the device has, etc. If there is subjectively none of that now, what difference will an improvement make? Technically yes, from the standpoint of a consumer doing every day tasks, I don't think so.
My point is that, and yes I'm speaking of myself here, I have yet to find an app which runs slowly or I feel needs improvement in terms of speediness on my iphone 5. I'm NOT saying applications won't benefit, but will it be apparent to the naked eye? Will it functionally improve the user experience in any tangible way? I don't know, that's why I'm asking.
I don't necessarily expect a concrete answer, I just thought it made for an interesting discussion. I think a more concrete answer may, of course, be here after the 5s is with us and after we get 64bit app replacements and can compare them side by side. But even if an app opens up .0001 milliseconds quicker in 64 bit, it just seems like a lot of hype to me.
I wonder whether one area that will benefit from 64 bit very early and will improve our user experience is speech recognition (Siri etc). That takes a lot of CPU power which is why heavy use is made of Apple's servers to help with the processing. If more processing could be kept on the device then it would make the user experience significantly better in bad reception areas and would also save Apple some money since it would reduce the load on their data centre servers from processing voice analysis tasks. Even if Apple's servers are still involved having more in-device CPU power might allow the data sent up to the servers to have undergone more sophisticated pre-analysis and compression so that less data needs to be transmitted to the servers and those servers have less work to do on it to complete the analysis once it's arrived.