Both my wife and I are still on the iPhone X (first year stretching our usual 2yr upgrade cycle to 3yrs) and both going to upgrade this year. About a month ago, I was 100% set on both getting the 6.1" 12 Pro.
Assuming all the rumors / speculation is true, I'm now leaning more towards the 6.1" 12 as well. My wife, who takes way more photos / vidoes than I do will likely still get the 12 Pro given she can really use the better camera / telephoto lens. But from my perspective, the 12 will likely handle all my needs. Also living in Canada, any difference in price between non-pro / pro is magnified (typically our C$ price is 35% more than the US$ price, and then we also have 13% sales tax - higher than any US state, understand it's lower than EU implied VAT!).
When I was a bit younger, I think I cared more about having the absolute best. These days (mid-30s, have 2 young kids), I'm happy to save the ~$350 all-in price difference - could use it either for an ARM MBP eventually (to upgrade my still great but getting long-in-the-tooth 2016 13" MBP) or frankly, just save the money. Given uncertainty with the pandemic, on the margin, saving money a good thing!