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I've actually been having no issues with an unlocked Galaxy Nexus on a T-Mobile month-to-month account. The 5 will have to be something really impressive to knock me off this. I'm pretty sick of contracts and have been saving money with this setup.
It will be interesting to see where they go with the design. So far it looks like a slightly sleeker 4S with a bigger screen. But that screen size is key as I find the 4.65" to be a bit too big of a form factor.
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