After obsessing over it, I decided to go with the iPhone Mini (keep my 5S instead of upgrading). Even though I'm happy to shell out $650 for an off-contract phone, which I've done several times, I'm just not doing it this year. Here are my reasons: Weight - I remember the feeling going from the weighty iPhone 4 to the feather known as the 5/5S. I was constantly checking my pocket to make sure it was in there. The extra .7 inches would be nice to look at, but I can't imagine going bigger and heavier. I have so many screens in my life - iPad, rMBP, 27" display - at the end of the day, 4" vs. 4.7" means little to me. Pretty soon people will be staring at a tiny Apple Watch screen and loving it. Ask yourself if .7" will make a material difference in your life. Apple Pay - nice, but not a must have. I still have to carry a drivers license, health insurance card, etc., PLUS I have to carry a credit card in case my battery runs out or I go to a gas station or one of the countless places that don't use Apple Pay. The iPhone can't (yet) be the ONLY thing I have to carry. So ask yourself if Apple Pay will make a material difference in the quality of your life. A convenience at a few places just isn't worth another $650 to me. If/when I can ACCEPT money using Apple Pay, that will be huge. Goodbye PayPal. Lackluster improvements elsewhere - 60 fps video. Mostly the same camera. 1 GB Ram. A little better processor. Yada yada. iOS 8 - THIS will be the single biggest upgrade this year, and it's free. Can't wait.