Nexus 5/Kit Kat coming with a new true stock COMPLETE Back Up Solution?

Gekko

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May 15, 2010
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A recent AMA session on Reddit has revealed a new back-up solution that will come with KitKat.

The back-up appears to be like iCloud but with much deeper integration. Not only will it back up all your contacts but also the app settings, saved games and further unspecified storage. Details are sparse but it sounds like Google might be going for a system that would allow you to change handset and immediately continue on the new device where you left off on the last. This makes sense as Google sells more hardware and wants to make the transition to upgrading a phone even easier.

Nexus 5 has been unboxed, KitKat super back-up feature leaked - Pocket-lint
 
That would be amazing if it's true!

I'm trying to manually backup/check what I want to save or bring over from my old SGSII to N5... It's a bit of a pain but I'm glad to hear that it'll get easier with future phones!
 
So I'm waiting for my replacement N5 to arrive (small hardware issue). What's the "smartest" (read quickest) way to transfer everything over to the new phone until this complete solution arrives?