I don't want to carry two devices, and I still need something that makes calls. I also need something that easily fits in my pocket. A 10" or even a Nexus 7 are not options for me to carry around. I have several tablets that I use at home, and I certainly prefer using a tablet over a phone in terms of ease of reading, but for me, they are not convenient enough to carry around when I am or and about.
At the end of the day, the note 2 is a compromise for me, large enough to provide okay browsing and movies, but small enough to fit in my pocket comfortably.
Sent from my Verizon Samsung Galaxy Note II