I like the iphone 5 a bit more. The retina display is really nice, and it's a reasonable size for carrying in your pocket.
I'm glad that the larger phones/mini tablets are available however, for those who want them. I think the note 2 is impractical as a phone, but if you have a manbag or purse, no problem. Any kind of specialized bag works, but it's far too large to carry in your pocket. Unless you rock cargo pants/shorts wherever you go.
Different size screens and devices are cool, depending upon one's needs and preferences.