heh it's right in the OP.
i have a samsung gleam flip phone.
and as of now all the research I could do on iPhone 5 is all speculation, granted I know their yearly release falls in the summer.
that said, the current iPhone is more than enough for my needs. i've used one before as well as quite a few android phones.
if it is enough for me now, it is absolutely pointless for me to wait it out. that is like me upgrading my PC that is 2 years old when it gets the job done for what I use it for, even though there are much faster CPU, vid cards, and RAM out there.
It isn't like the PC example at all. In the PC example, you already have perfectly good computer, whereas you don't have a phone that you like.
Here is what we know about the iPhone 5;
It will come out in June
It will have at least a 960*640 display (it probably won't change actually)
It will probably be roughly the same design as the current one, maybe a slight change to the antenna, and maybe not a glass back, but probably the same slab.
It will almost certainly have either a faster CPU, or a dual core one at the same speed.
It will be available in June on both AT&T and Verizon.
It will be equal to, or better than the iPhone 4 in almost every imaginable way.
A counter example is if your PC was getting long in the tooth, and you were going to upgrade it 6 months ago, but knew that you could survive on it for a few more months while you waited for Sandy Bridge, which would have been equal to or better than the Core i5 you would have gotten.
That is what we are saying here. If you are already willing to spend $200, and have put up with your old phone for 2 years at least already, why not wait 5 more months, and get the iPhone 5? This isn't the same as the waiting game with other tech, where you can buy a 460 one day, and have the 560 get released the next week. You know when the new iPhone is coming (down the week just about, certainly down to the month), you know what carriers it will be on, and you know how much it will cost.
Get the iPhone 4, don't get the iPhone 4, I don't care. All we are saying is, if we were in your shoes we wouldn't.