People still don't get the concept of overshooting a market even though we've had half a decade of PS3/360 struggling against the Wii?
The iPhone 5's screen is not inferior - Apple consciously designed it at 4" because more than 4" is too big for a lot of people (like 90% of females). And stuff like refresh ratio and such... yeah, that's just tech talk. In the end both screens will look very similar. Same goes for the camera which is a bit better on the Lumia.
What people don't seem to take into consideration is the materials these phones are built from. The iPhone 5 is made out of a single piece of aluminum, glass and steel. Most Android Smartphones are made of plastic. This definitely helps to make the phone feel more quality.
As for iOS vs Android... yeah that comes down to your preferences.
In the end it's the same as always: Stay calm and just enjoy your smartphone! The difference in quality between the Galaxy S3, the iPhone 5 and the Lumia 920 is so small you're gonna need a magnifying glass to tell which one is "better". It's just utter bullshit bitching about every single smartphone released because it is not revolutionary enough. Comparing specs on a smartphone is equally stupid. It's about the user experience! Not the specs.
Oh the day when I can just bring my iPhone to any Restaurant or whatever without people telling me that Apple sucks will be a glorious day. It surely will signal that heaven on earth is near. I miss the 90's when Apple was that small struggling company and I could just use their products and no one cared. Today whenever Apple releases... anything people will feel personally threatened by it. The good old days 
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