Ars has shots fired at the Note 7 here: Galaxy Note 7 review: What’s the opposite of “bang for your buck?” | Ars Technica
The overall theme is, why would you buy a Note 7 when you can get a OnePlus 3 for less than half the price? Isn't the OnePlus 3 basically the same phone minus an S-Pen?
To check that out, I did a quick spec comparison - since the spec sheet is the only place where they're "the same".
They have the same SoC, though OP3 modified theirs in a bad way. They have the same amount of storage, though all storage isn't created equal. They both have USB C, both have cameras, both have fingerprint sensors ... what's different? Well, as in most things - the details matter, not the high level "oh, they both have that feature". The quality of the feature matters.
There are four points on which the OP3 definitively beats the Note 7. Price, build materials, speaker quality, RAM quantity. Compared to over 20 points where the Note 7 is ahead, and usually not slightly ahead - but soundly trouncing the OnePlus 3 on the same category.
Is the Note 7 perfect? Absolutely not. Is it undeniably a better device? Yes, in almost every way. Is it worth over double the price? Dunno, that's up to you and your wallet. But $850 isn't really the full price of the Note 7. It's $850, minus rebates, minus the value of the free gift, etc. All in, I can't say the Note 7 is double the device to make it an equal or better value - the OP3 likely is the better value dollar for dollar. But I also don't buy cheap things just because they're cheap. I buy what I want and if it's cheaper, cool, if not - its' worth it.
Disclaimer: I didn't buy the Note 7.
The overall theme is, why would you buy a Note 7 when you can get a OnePlus 3 for less than half the price? Isn't the OnePlus 3 basically the same phone minus an S-Pen?
To check that out, I did a quick spec comparison - since the spec sheet is the only place where they're "the same".

They have the same SoC, though OP3 modified theirs in a bad way. They have the same amount of storage, though all storage isn't created equal. They both have USB C, both have cameras, both have fingerprint sensors ... what's different? Well, as in most things - the details matter, not the high level "oh, they both have that feature". The quality of the feature matters.
There are four points on which the OP3 definitively beats the Note 7. Price, build materials, speaker quality, RAM quantity. Compared to over 20 points where the Note 7 is ahead, and usually not slightly ahead - but soundly trouncing the OnePlus 3 on the same category.
Is the Note 7 perfect? Absolutely not. Is it undeniably a better device? Yes, in almost every way. Is it worth over double the price? Dunno, that's up to you and your wallet. But $850 isn't really the full price of the Note 7. It's $850, minus rebates, minus the value of the free gift, etc. All in, I can't say the Note 7 is double the device to make it an equal or better value - the OP3 likely is the better value dollar for dollar. But I also don't buy cheap things just because they're cheap. I buy what I want and if it's cheaper, cool, if not - its' worth it.
Disclaimer: I didn't buy the Note 7.