I think to truly please all we'd also need to see a 5" bezel-less iPhone which would essentially be the size of the current SE.
I'm not against your idea, but you know how Apple is these days, you will have compromises like forgoing 3-4gb ram, dual camera, etc...
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iPhone 7-like size with iPhone 7 Plus-like battery life would sell me on the 8 anyway. Add in OLED and all the other rumored goodies and ohhhhhh boy.
Only bad thing about this years iPhone 8 maybe the price, but as long as they deliver such a dream phone, I'm ok with paying for it.