Just like we saw apps optimized for the iPad 2 we will see apps optimized for the iPhone 5.Upgrading a processor only makes sense if the software upgrades along with it.
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If this rumor is true it shows that Apple put this model out only to humor it's customers. After all is an A5 processor or an 8 megabyte camera such a big deal in an IPhone????
This rumor sounds to bland to be true I don't think Apple would let us down
What were you expecting? The iPhone design stayed the same for three years. A bigger screen would be nice if you have large hands but otherwise I personally couldn't care less about them making the screen bigger by .2 or .5 inches.