I think it looks cool and it's in line with what I expected (so many leaks...) People should stop looking at the numbers and see how these things actually perform. I've had so many Galaxy users tell me that my iPhone takes great photos despite the "low" megapixel count. Same will go for the screen here - lower resolution but better contrast and colors. If you want big numbers (and there's nothing wrong with that) you shouldn't buy an Apple product. I don't get all these debates, really. Neither Apple nor any of the top-of-the-line Android phones suck. They are all really good phones and whether you buy an iPhone or a Galaxy or a Nexus you can't go wrong with either.
Grow up, people. Just because you don't like something doesn't mean people who buy that thing are stupid. Some of you spend more money on video games in a single quarter than those "stupid" people spend once every two years on their new phone - do you want them to call you stupid or sheep?