This makes me very sad: it is way too big. No way do I want to try to stuff that in my pocket or hold it in one hand or make a phone call with it.
I so hope that Apple, while catering to the hopefully temporary "give me a giant phone" insanity out there offers us an alternative top of the line model the size of a 4S or 5S.
They really do need a iPhone nano if they are going to do a monster like this.
More to the point if they are going to do a big phone why not get serious about it and do close to 6 inch so that is has workable two hand use.