I don't make purchasing decisions until a product actually exists, but I'll probably be passing on this one for a couple of reasons.
Firstly, I purchased a 17 Pro Max this year so I definitely won't need a new phone next year. Only once have I ever upgraded a phone after just one year.
Second, as this is essentially a new product for Apple, I'm sure that the second generation model will probably be a substantial improvement. Not to say that I don't think that the 1st gen will be good, but Apple has a habit of having notable omissions on 1st gen products and then fixing it for the 2nd gen. For example, the 1st gen iPhone not having the App Store, or the 1st gen iPad Mini not having a Retina Display, or the 1st gen Macbook Air... well, just about everything about the 1st gen MBA. 😅