First off: I don't want Apple to not release bigger iPhones. I think they should have done this earlier. But I also don't want to be taken away choice by making the 4" phones last year models. If Apple releases a new Feature (something like touch ID on the 5S) I don't want it to be exclusive to bigger screen phones. If they don't do this I'm happy. And I think everybody on this Thread would be happy?
I don't understand a point made by people who want a bigger screen that 4" are a lot worse when you do other things than calling and texting.
I agree: For gaming and watching movies there is a big advantage for sure, when having a bigger display.
But things like: Browsing (Webpages are mostly webApps anyway, so where's the difference? Less scrolling? Wow..
), Setting up reminders (using Siri for this anyway), reading the news (Flipboard), navigating (most important are the voice commands), managing my music comfortably... and so on, I guess you know where I'm heading at.
So it's not like I'm using my phone totally dumbed down, but it's just that my using patterns allow me for the smaller screen, thus having the pleasure of a smaller form factor.
So again; I don't want to say large phones are stupid and that someone is if he wants one, I'm just saying that neither are those who don't want a larger screen.
Edit: If the mockups are wrong and the 4.7"'s body is not as much bigger than a current 4" one then yeah: I'm all in for it. But it seems to be a centimeter wider which I believe is to much for my taste.