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I'm in the same boat. Missus has my old Galaxy Nexus and it's so fucking slow when I use it. She could get my N5 but then what? There's nothing out there. If there was a faster Blackphone I'd consider that just for shits and giggles but I dunno, I'd prefer a new Nexus so long as they didn't go bigger.
I feel the same.
I saw a 1+ phone yesterday. Oh it's nice... but it's just too large. I think the N5 is about perfect for how I use a smartphone. I'm just not watching videos and playing games like other people and I don't need a larger screen to do all of the communication + web browsing + news + productivity stuff.
That said, Felicity's phone is near dead... an old Nexus... the battery barely lasts until lunch time and it's so slow (3G not 4G). So we'll probably replace hers, and I see the inevitable in which she takes my phone and I have to find a replacement. Would I buy an N5 brand new today? Unlikely... the price hasn't dropped and the hardware is a year old, so I should be looking for the next phone.