Not exactly. In Apple's previous MO, the iPhone 5 would now be the same price as the 5C, with the 5S taking the top spot and the 4S the entry-level model.
Instead of the 5, we get the 5C, which is bulkier, heavier, and depending on your taste, much uglier.
If you love the design of the 5C, you only get a device that is bulkier and heavier.
If you, like me, wanted the iPhone 5 at a mid-range price point, tough.
Like many, I expected the 5C to replace the 4S. Unfortunately, not.
I agree with each of your points. Problem is the Apple fan boys will 1) all of a sudden love plastic, because it is better plastic or 2) like the pretty colors and buy it anyway.
I can only imagine the reaction if Microsoft released these two phones.
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Hence the reason why Samsung sells tons of plastic phones.
I hate plastic phones too, but the S4 blows away the 5C. On a 2 year contract you can find the S4 for about $119 if you look hard enough.