My arguement is still that the big slab phone never seemed to be the idea behind the Nexus. The Nexus seemed to be a sleek, well rounded phone, not a mini tablet. It'll be disappointing.
Understand you and agree to appoint. Yes the phone screens are getting crazy in size. Even though I personally would go as big as 5+ just cause . I do think since ICS is a combination of GB+HC that it would need a big enough screen to utilize the features. But if they can fit all this into a phone size no bigger than and hopefully smaller the E4GT it will be perfect imo...