I think it's amazing for what it is...and none of the phones on the market aside from the Lumia's are good at low light at all, I'd even venture to say that the 5S is the best of the rest. Now if we want a heavy, large chassis phone, sure, we can have all the expectations of a camera like the Lumia line has, but personally, for the form factor and the camera that is offered in it, it's nothing short of amazing.
A camera with more megapixels isn't going to really improve low light performance...the sensor within the camera system itself is what will do that, combined with the addition of beefier hardware and a more legitimate flash. We're talking about things that are not space saving in the least, and you end up with this bulge in the back like you see with so many cameras on smart phones...think about what people like about the iPhone...many would agree that the design is one of the leading attributes. Would you really want a slightly better low light function at the expense of the design features? I wouldn't.
What I would want is a slightly larger iPhone with a huge battery(2600+ mah) and a better camera sensor for low light. I am not one of the OMG MUST BE SUPER THIN, and would welcome a larger battery even if the device was 1-2mm thicker, which could also allow more room for a larger camera sensor.
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