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I am in the same situation. I want a new phone (currently have a SGS III), am due for an upgrade, and want a Nexus (I have the Nexus 7 tablet...didn't realize how annoying "TouchWiz" was before I got that!). I am waiting to see what the Nexus 6 is, and how much it costs before upgrading though. For one thing, it may be significantly better than the Nexus 5...and if it's not, the Nexus 5 will probably be offered at a steep discount right before the Nexus 6 comes out.